Homebuilder ETFs have outperformed this year thanks to demand for newly-built homes, but they may have reached an inflection point, giving back some gains in recent weeks amid rising mortgage rates and a pullback in construction.  ( 18 min )

As companies around the world face mounting pressure to deliver on environmental, social and governance goals, 75% of firms surveyed by KPMG say they aren't ready for ESG-related assessments.  ( 19 min )

Hubbert’s peak theory predicts the rise, peak, and decline of global oil production.  ( 21 min )

U.S. equities were lower at midday on Wednesday, Sept. 27, 2023 as oil prices jumped and the deadline for a possible government shutdown neared.  ( 16 min )

Costco shares rose after beating earnings expectations for its fiscal fourth quarter as the wholesaler benefitted from rising memberships, but felt the impact of lower discretionary sales and purchase volumes amid a spending slowdown.  ( 18 min )

National lotteries are often used to pay for education. Critics argue they discourage adequate government funding and disproportionately impact low-income families.  ( 24 min )

Shares of major media companies edged higher Wednesday morning after the Writers Guild of America ended a five-month writers strike.  ( 17 min )

MillerKnoll shares surged after the furniture maker posted better-than-expected results and boosted its guidance as it benefits from employees returning to offices following the work-from-home boom.  ( 17 min )

Rates for 15-year, FHA 30-year, and jumbo 30-year mortgages are at their highest levels in more than 20 years, and the 30-year flagship average is sitting just under its peak.  ( 19 min )

The Veil of Ignorance is a powerful thought experiment that allows us to test ideas for fairness.  ( 25 min )

Commodities and securities are subject to different types of regulations, and there is an ongoing debate about how to classify cryptocurrencies.  ( 23 min )

Liar's Poker is a game, associated with Wall Street traders, of betting on which digits appear in serial numbers on currency. It's also the name of a bestselling book.  ( 22 min )

Learn how the price elasticity of demand is more sensitive for some types of consumer goods than others, and see what factors most influence elasticity.  ( 24 min )

This index is a widely used and respected barometer of the U.S. housing market and the broader economy.  ( 23 min )

Index rebalancing involves changing the weights of index components to maintain its mandate or goal. This could include adding or dropping component assets.  ( 25 min )

Learn about the origins of the law of supply and demand, an important economic principle that's centuries old but still affects today's economy.  ( 23 min )

Some retailers are closing stores or shifting guidance as organized retail crime is a growing concern for brands like Target, Dick's Sporting Goods and Walmart.  ( 18 min )

Despite being followed so relentlessly, the consumer price index (CPI) has its limitations and is an imperfect measure of inflation and the cost of living.  ( 24 min )

Learn more about the impact of supply and demand in an economy. Find out why companies study supply and demand as part of market research.  ( 22 min )

If you're considering investing in China and want to know when to buy, sell, hold or stay away, consider these economic indicators.  ( 20 min )

Car prices could go even higher, shoppers could see their options restricted, and drivers of GM and Stellantis-made vehicles could have a harder time getting them repaired if the auto worker strike drags on.  ( 20 min )

Stricter government regulations have put auditing professionals in demand. Learn more about what's needed to pursue a career as an auditor.  ( 24 min )

Short selling a stock means you are betting on the stock decreasing in price. Before taking on this investment, you should fully understand the risks.  ( 21 min )

Associate in Premium Auditing (APA) is a professional designation for accountants specializing in auditing and other duties for insurance companies.  ( 22 min )

Make sure you know the difference between a change in market outlook and a short-term recovery.  ( 22 min )

Shares of major media companies move higher as the Hollywood writers’ strike ends and Costco shares fall after reporting a pullback in spending on big-ticket and discretionary items. Here’s what investors need to know today.  ( 18 min )

The Robin Hood effect refers to an economic occurrence in which the less well-off gain at the expense of the better-off.  ( 22 min )

Rate on line is the ratio of premium paid to loss recoverable in a reinsurance contract. Rate on line represents how much an insurer has to pay to obtain reinsurance coverage, with a higher ROL indicating that the insurer has to pay more for coverage.  ( 18 min )

Happiness economics is the formal study of the relationship between individual satisfaction and economic factors such as employment and income.  ( 21 min )

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Deutsche Bank analyst Emmanuel Rosner cut his price target on Tesla stock to $285 from $300. The EV maker may face limited volume growth next year, he writes.  ( 22 min )

The memory chip company has projected a 41% revenue decline for its latest quarter.  ( 22 min )

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Imagine retiring with $7 million in your 401(k) or IRA. What kind of lifestyle might that size nest egg support? Picture owning a luxurious home in a high-end neighborhood, driving top-notch vehicles, regularly vacationing in exotic locations and availing best-in-class healthcare without worrying about rising costs. When planning a $7 million retirement it's important to […] The post What a Retirement Lifestyle With $7 Million Looks Like appeared first on SmartReads by SmartAsset.  ( 34 min )

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OpenAI, the developer of ChatGPT, is in talks over a share sale that would value it between $80 billion and $90 billion, The Wall Street Journal reported.  ( 22 min )

U.S. crude oil futures extended their three-month-long rally, bringing them to their highest level of the year. Futures were trading at $92.27 a barrel, up about 2% from yesterday's close and more than 30% since June. The jump extended a run-up in prices that began in early July, after production c  ( 23 min )

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Higher interest rates, which were supposed to be a savior for the sector, have instead led to many problems.  ( 22 min )

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Is stability in cryptos despite a selloff in stocks just another sign that Bitcoin is boring, or a harbinger of declines for digital assets?  ( 21 min )

Retailer Costco delivered an earnings beat, but investors seem disappointed it didn't raise membership fees. Wall Street analysts are upbeat, though.  ( 22 min )

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When Marc Matsil retired to Connecticut's bucolic northwest hills two years ago, fly fishing and hiking filled his days. But this is not exactly the "retirement" he envisioned. Matsil, 66, is far from alone in tiptoeing back into the workforce.  ( 33 min )

Ford Motor's decision to hit the brakes on a planned $3.5 billion battery plant in Michigan highlights a challenge for Tesla's growing crowd of rivals in the U.S. market: Tesla is pushing most of them into unprofitable, low-volume niches. Global automakers are launching scores of new electric vehicles in the United States, and pouring billions of dollars into new EV and battery plants. On a brand-by-brand basis, Tesla outsold its next 19 competitors by 10 to one or more during the first half, according to S&P Global Mobility data.  ( 33 min )

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(Bloomberg) -- On picket lines around the country, auto workers aren’t just demanding higher wages. They want to get back their once-sacred retirement pensions. Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesTrump Found Liable for Fraud in New  ( 35 min )

Amgen has a couple of shots on goal to break into one of the biggest markets the pharmaceutical industry has ever seen.  ( 27 min )

Costco stock falls after the warehouse retailer didn't increase membership fees, MillerKnoll surges after raising its fiscal 2024 profit outlook, and Micron is scheduled to report earnings Wednesday.  ( 22 min )

As the UAW makes progress negotiating with Ford, experts wonder whether the talks are starting to focus on what really needs to get done.  ( 37 min )

The market has finally heard Fed Chairman Jerome Powell’s warning: Reducing inflation to 2% is hard, and more interest-rate hikes might be needed.  ( 22 min )

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The U.S. is expected to indefinitely extend a waiver granted to South Korean chipmakers Samsung Electronics and SK Hynix on needing licenses to bring U.S. chip equipment into China, Yonhap news agency reported on Wednesday. The U.S. Commerce Department has discussed details with the South Korean chipmakers on which equipment could be used in China, said Yonhap, citing unnamed sources, adding that the U.S. would make related announcements as early as this week. Last year, the chipmakers had received authorisation from the U.S. Commerce Department to supply equipment needed for chip production in China for a year without seeking additional licenses.  ( 32 min )

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HONG KONG (Reuters) -The chairman of China Evergrande Group has been placed under police surveillance, Bloomberg News reported on Wednesday, raising more doubts about the embattled developer's future as it grapples with mounting prospects of liquidation. Citing people with knowledge of the matter, the report said Hui Ka Yan, who founded Evergrande in 1996 in the southern city of Guangzhou, was taken away by police earlier this month and is being monitored at a designated location. Evergrande is the world's most indebted property developer and has been at the centre of an unprecedented liquidity crisis in China's property sector, which accounts for roughly a quarter of the world's second-largest economy.  ( 34 min )

(Bloomberg) -- Assets with exposure to China look “ridiculously cheap” and Alberta’s investment manager plans to boost holdings in Asia to take advantage of it, its chief executive officer says. Most Read from BloombergDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesStocks Sink as Bears Take Charge, Dollar Rallies: Markets WrapTru  ( 32 min )

(Bloomberg) -- China’s suddenly full of gold bugs. Most Read from BloombergDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesStocks Sink as Bears Take Charge, Dollar Rallies: Markets WrapTrump Found Liable for Fraud in New York Attorney General’s CaseThe market for bullion in China has surged this month, at times commanding a record  ( 33 min )

Rivian CEO RJ Scaringe isn't losing sleep over Tesla's Cybertruck, even though the two companies' high-end electric pickups are set to compete.  ( 33 min )

MillerKnoll shares surged after the furniture maker posted better-than-expected results and boosted its guidance as it benefits from employees returning to offices following the work-from-home boom.  ( 1 min )

Some retailers are closing stores or shifting guidance as organized retail crime is a growing concern for brands like Target, Dick's Sporting Goods and Walmart.  ( 1 min )

Shares of major media companies edged higher Wednesday morning after the Writers Guild of America ended a five-month writers strike.  ( 1 min )

U.S. equities sank at midday on Tuesday, Sept. 26, 2023, after reports on consumer sentiment and new home sales fell short of expectations.  ( 1 min )

U.S. equities plunged and the S&P 500 Index dropped 1.5% on Tuesday, Sept. 26, 2023 after consumer confidence and new home sales figures came in lower than anticipated.  ( 1 min )

Shares of major media companies move higher as the Hollywood writers’ strike ends and Costco shares fall after reporting a pullback in spending on big-ticket and discretionary items. Here’s what investors need to know today.  ( 1 min )

The PC monitor market continued to struggle in the second quarter, but showed some signs a recovery could be near, according to tech research firm International Data Corporation.  ( 1 min )

Vacansoleil zoekt contact met honderden vakantiegangers die in Europa op de camping zitten of voor komende week een boeking hadden gedaan. De reisorganisatie vroeg dinsdag uitstel van betaling aan en probeert reizigers te informeren over de gevolgen voor hun vakantie.  ( 4 min )

Chemours is aansprakelijk voor de pfas-vervuiling die de chemische fabriek in Dordrecht van 1984 tot 1998 in de omgeving heeft veroorzaakt. Het zou kunnen dat de aansprakelijkheid wordt uitgebreid, maar daar moet de rechter zich nog over buigen.  ( 6 min )

Jongeren onder de zestien jaar mogen voortaan niet meer aan de slag als flitsbezorger. Dat schrijft demissionair minister Karien van Gennip (Sociale Zaken en Werkgelegenheid) woensdag in een brief aan de Tweede Kamer. Het verbod gaat volgende maand in.  ( 4 min )

De persoonsgegevens van zo'n 195.000 klanten van ov-bedrijf Arriva zijn mogelijk uitgelekt. Het datalek zat in het contactformulier op de website van de vervoerder. De kans bestaat dat onbevoegden toegang hebben gekregen tot de gegevens van alle mensen die het contactformulier hebben ingevuld.  ( 3 min )

Jumbo kan vier winkels van de verdwijnende supermarktketen Jan Linders overnemen. In de Limburgse plaatsen Beek, Heerlen, Roermond en Swalmen zijn er genoeg andere supermarkten en blijft er dus iets te kiezen, vindt toezichthouder ACM.  ( 3 min )

Philips heeft 3.700 klachten over apneu- en beademingsapparaten verzwegen aan de Amerikaanse toezichthouder, blijkt uit dataonderzoek van NRC. Ook gaf Philips niet door dat elf gebruikers van de apparatuur zijn overleden.  ( 4 min )

De handel in aandelen NN, het voormalige Nationale-Nederlanden, is voor korte tijd stilgelegd. Het aandeel ging woensdag op de Amsterdamse beurs flink onderuit door een kritische uitspraak van de rechter over woekerpolissen.  ( 4 min )

Carrefour en E.Leclerc gaan tot het einde van het jaar brandstof tegen kostprijs verkopen bij hun tankstations. Dit doen de twee grootste Franse supermarktketens na overleg met de Franse regering om Fransen met een smalle beurs te helpen.  ( 3 min )

Een meerderheid van de Tweede Kamer wil de huidige korting op brandstof in stand houden. Dat kost zo'n 1,2 miljard euro. De VVD wil geld uit het Nationaal Groeifonds gebruiken om automobilisten tegemoet te komen. Economen zetten daar vraagtekens bij.  ( 5 min )

De Amerikaanse toezichthouder FTC vindt dat techreus Amazon monopoliegedrag vertoont. Daarom slepen de kartelwaakhond en zeventien staten het bedrijf voor de rechter.  ( 3 min )

Is Chemours aansprakelijk voor de pfas-vervuiling in de omgeving? Op die vraag geeft de rechter vandaag antwoord. De zaak is aangespannen door vier gemeenten die rond de chemische fabriek liggen.  ( 4 min )

Veel Amerikaanse overheidsdiensten dreigen over enkele dagen te moeten sluiten omdat er geen akkoord is over een nieuwe rijksbegroting. Om deze zogeheten shutdown te voorkomen moet de politiek nog deze week overeenstemming bereiken, maar dat gaat moeizaam.  ( 4 min )

De NS moet de omstreden spitsheffing opnieuw overwegen en met alternatieven komen. Demissionair staatssecretaris Vivianne Heijnen (Infrastructuur) zet de deur wel op een kier voor de mogelijkheid om voor verschillende tijdstippen uiteenlopende prijzen te hanteren. De Kamer is er niet gerust op.  ( 4 min )

De Amerikaanse toezichthouder FTC vindt dat techreus Amazon schuldig is aan monopoliegedrag. Die sleept daarom het bedrijf voor de rechter, samen met zeventien staten.  ( 4 min )

Werknemers krijgen geen wettelijk recht op thuiswerken. De wet Werken waar je wilt werd dinsdag door de Eerste Kamer verworpen. Op ons discussieplatform NUjij was daarover veel discussie. Daarom is vandaag de stelling: 'Als ik thuiswerk ben ik productiever dan op kantoor.'  ( 2 min )

Probable Maximum Loss (PML) is the maximum loss that an insurer would be expected to incur on a policy. It's a standard calculation in underwriting.  ( 21 min )

Bask Bank offers an attractive pair of savings accounts: One is a typical high-yield savings account, but the other earns American Airlines AAdvantage miles. See if Bask Bank makes sense for your money.  ( 22 min )

In vitro fertilization (IVF) is expensive and rarely covered by health insurance. However, other financing options are available. Learn more about how to get an IVF loan.  ( 23 min )

A personal loan can help you out in a pinch, but it comes at a cost. Learn how much a personal loan costs based on loan amount, interest rate, repayment term, and more.  ( 20 min )

Today's best CD rates are 5.80% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 19 min )

Pool financing options can help you pay for a pool on your property. Learn how to get a pool loan and find out more about other loan options to finance this cost.  ( 23 min )

Charles Schwab savings account interest rates are higher than the national average, and it doesn’t have monthly fees or minimum deposit requirements.  ( 21 min )

The utility function can be used to derive the demand function, and both of these concepts relate to utility maximization.  ( 20 min )

At sight is a form of payment due on demand when presented with required documentation.  ( 22 min )

Chime’s high-yield savings account doesn’t charge a fee or require a minimum deposit. Learn more about Chime savings account interest rates and other features.  ( 22 min )

The list of the 500 companies that make up the S&P 500 is called its constituent list and includes many well-known names.  ( 24 min )

A commodity index is an investment vehicle that tracks a basket of commodities to measure their price and investment return performance.  ( 23 min )

The key rate is a benchmark interest rate that determines bank lending rates and the cost of credit for borrowers.  ( 19 min )

Shoppers squeezed by inflation and high interest rates on car loans are snapping up new, cheaper vehicles and leaving pricier ones on dealer lots.  ( 18 min )

U.S. equities plunged and the S&P 500 Index dropped 1.5% on Tuesday, Sept. 26, 2023 after consumer confidence and new home sales figures came in lower than anticipated.  ( 16 min )

E*TRADE savings account interest rates can't compete with the best, but high-net-worth individuals can benefit from its higher FDIC insurance coverage.  ( 20 min )

Reintermediation has two meanings: money flowing back into bank deposits or the reintroduction of a middleman between a supplier and a customer.  ( 18 min )

A state banking department is a state-specific regulatory body that oversees the operations of financial institutions within its jurisdiction.  ( 21 min )

United Natural Foods posted a loss for the fourth fiscal quarter of 2023, and its full-year guidance was well short of estimates.  ( 17 min )

"It's not what you know, but who you know," might be true. Here's a look at why connections are critical in business and job searches and how to establish them.  ( 23 min )

Immunovant shares virtually doubled in value after the biopharmaceutical company reported positive results from a Phase 1 trial of its experimental autoimmune disease treatment.  ( 16 min )

An aggregate mortality table is a tool that helps actuaries and other insurance professionals gather key data regarding death rates.  ( 22 min )

A public company's ownership is distributed among general public shareholders through publicly-traded stock shares. It must undergo a process known as an IPO.  ( 25 min )

The debt ceiling is a limit that Congress imposes on the amount that the federal government can owe. Discover the current debt ceiling and its economic impact.  ( 30 min )

A mutual insurance company is owned by policyholders. Its sole purpose is to provide insurance coverage for its members and policyholders.  ( 19 min )

Women’s out-of-pocket healthcare collectively costs $15.4 billion more a year than men’s, a Deloitte report said.  ( 17 min )

Implied authority refers to an agent with the jurisdiction to perform acts which are reasonably necessary to accomplish the purpose of an organization.  ( 19 min )

The Federal Trade Commission along with 17 states sued Amazon, alleging it uses illegal monopolistic power to stifle competition and keep prices high, to the detriment of customers and sellers.  ( 18 min )

The Group of 30 (G-30) is a group of economists, bankers, and other leaders from the public and private sector who meet to discuss global economics.  ( 20 min )

The Community Development Financial Institutions (CDFI) Fund promotes economic revitalization in distressed communities with financial assistance.  ( 19 min )

AA+ is the second-highest bond rating assigned by rating agency S&P while Aa1 is the equivalent from Moody's. Both signify a low-risk investment.  ( 24 min )

A type of personal liability coverage, an umbrella insurance policy handles claims that exceed what your homeowners or auto insurance will cover.  ( 20 min )

The PC monitor market continued to struggle in the second quarter, but showed some signs a recovery could be near, according to tech research firm International Data Corporation.  ( 17 min )

Consumer confidence dropped in September as high gas prices and high interest rates made people more pessimistic about the trajectory of the economy.  ( 18 min )

U.S. equities sank at midday on Tuesday, Sept. 26, 2023, after reports on consumer sentiment and new home sales fell short of expectations.  ( 16 min )

After hitting a new 22-year high last week, 30-year mortgage rates are sitting lower. Most averages were relatively flat, though the 15-year average rose to a new peak.  ( 19 min )

Shares of Fisker jumped after the electric vehicle maker announced it was ramping up deliveries, and will likely exceed its guidance for 2023.  ( 17 min )

In part one of a five-part series, student loan borrowers navigate the new repayment plans as they look ahead to Oct. 1.  ( 20 min )

If you want to learn how to pay off a personal loan faster with a calculator, there are a few ways to use it to find out what works best for you.  ( 22 min )

Personal loan rates dipped to 20.92% this week, losing 9 basis points since last week when the average personal loan rate stood at 21.01%.  ( 18 min )

Amid heightened political scrutiny and a strike by the United Auto Workers union, Ford said it will put on hold its $3.5 billion electric vehicle battery plant in Michigan.  ( 17 min )

Ahead of the first oral arguments on Oct. 2, here are cases the Supreme Court will hear this year affecting taxes, the power of federal regulators, and other issues potentially affecting your finances.  ( 21 min )

The United Auto Workers criticized Ford’s move to pause work on an electric battery plant and the Consumer Confidence Index for September is expected to drop. Here’s what investors need to know today.  ( 17 min )

A basing point pricing system requires buyers to pay a base price, plus a set shipping fee depending on their distance from a specific location.  ( 19 min )

Learn what you need to do to turn your property into a rental property.  ( 26 min )

The add to cash value option is a life insurance feature that allows dividends to be reinvested into the policy's cash value.  ( 22 min )

Do you need life insurance? In this article, we debunk the top 10 myths and misconceptions so you can make an informed decision before buying.  ( 24 min )

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Today's best CD rates are 5.80% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 21 min )

Investors appear skeptical that the transaction will go through along the lines John Malone's investment company has proposed.  ( 22 min )

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Stocks have suffered a rough September, with the S&P 500 dropping from 4,516 at the month's start to 4,275. Look out below?  ( 34 min )

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"The documents here clearly contain fraudulent valuations that defendants used in business," Judge Engoron wrote in his ruling, ordering Trump's New York business certificates canceled.  ( 32 min )

Costco's value proposition — especially when it comes to cheap gasoline — continues to bring in customers.  ( 34 min )

Drugmaker Eli Lilly convinced a federal judge in Massachusetts on Tuesday to overturn a $176.5 million jury verdict for Teva Pharmaceutical that found Lilly's migraine drug Emgality infringed three patents related to Teva's rival drug Ajovy. U.S. District Judge Allison Burroughs said in a post-trial ruling that the Teva patents covering the use of antibodies to inhibit headache-causing peptides were invalid. "The Court does not reach this decision nor overturn a jury verdict lightly," Burroughs said.  ( 32 min )

All energy comes with a cost. Fossil fuels, the world’s mainstay, have a high pollution footprint and a dangerous environmental impact, while solar and wind power, frequently touted as options in lieu of hydrocarbons, have extremely low energy densities, intermittent energy production, and a high dollar-cost for installation. This has engineers seeking out alternatives to both, and hydrogen fuel is frequently touted as just such an alternative. Hydrogen solves the problems inherent in fossil fue  ( 35 min )

Shares of retailer Costco Wholesale fell after the company reported earnings following Tuesday's market close. The shares dipped around 1.3% in after hours trading after falling 1% in the regular session. Here's Costco's fiscal fourth-quarter results compared to Wall Street expectations, according  ( 23 min )

(Bloomberg) -- Tesla Inc. Chief Executive Officer Elon Musk blasted the United Auto Workers Tuesday, saying the union’s demands would “drive GM, Ford and Chrysler bankrupt in the fast lane.” Most Read from BloombergRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownDimon Warns 7% Fed Rate Still Possible, Times of India SaysIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesApple’s $59 Fake-Suede iPhone Case Is Its Biggest Dud of 2023FCC Aims  ( 33 min )

Higher interest rates, which were supposed to be a savior for the sector, have instead led to many problems.  ( 22 min )

Despite heavy investments in security, the company continued to face "fundamental challenges" to running the stores safely, the retailer said. It operates nearly 2,000 stores across the United States. "We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance," Target said in a statement.  ( 32 min )

Stocks pulled back as Wall Street continued to face up to the prospect of a long period of high interest rates.  ( 47 min )

Investors appear skeptical that the transaction will go through along the lines John Malone's investment company has proposed.  ( 22 min )

Nvidia Corp (NASDAQ: NVDA) stock beat the broader indexes Invesco QQQ Trust, Series 1 (NASDAQ: QQQ), and SPDR S&P 500 (NYSE: SPY) Tuesday as the artificial intelligence rally is in no mood to slow down. The trillion-dollar chip designer lost over 10% last month amid profit-taking. Bernstein recommended investors take profits in pricey tech stocks like Nvidia. Also Read: Amazon's AWS and Anthropic Join Forces: A Billion-Dollar Partnership Challenging Nvidia and Microsoft in the AI Arena The AI co  ( 32 min )

Target expects to lose roughly $1.2 billion in profits from retail theft in 2022 and 2023.  ( 34 min )

JPMorgan economists said late last week that if supply cuts continue, the price of Brent crude could jump to as high as $120 per barrel. But they expect crude prices will drop back to $86 per barrel next quarter.  ( 34 min )

Stocks pulled back as Wall Street continued to face up to the prospect of a long period of high interest rates.  ( 44 min )

In response to rising gasoline price concerns, Tai Milder, the director of California's Division of Petroleum Market Oversight (DPMO), has sent a four-page letter to Governor Gavin Newsom and legislative leaders in Sacramento. Milder's division reviewed recent data, revealing that some refineries failed to maintain adequate gasoline levels or import enough fuel to compensate for production shortfalls during the summer. These supply disruptions have contributed to the surge in prices and planned  ( 32 min )

The S&P 500 could tank 20%, a wave of loan defaults could hit banks and commercial real estate, and a recession could set in next year, Byron Wien says.  ( 33 min )

The reduction comes as the Clayton giant confronts "headwinds" from two federal government programs.  ( 22 min )

The Covid trade is out. Investors have piled into bets against Novavax, the struggling vaccine developer that was late to market with i  ( 23 min )

With the S&P 500 up so much this year, investors might expect a stretch of continued gains. But that is far from a sure thing.  ( 22 min )

Legendary investor Warren Buffett doesn't easily fall for trends or fads. That's why Wall Street took notice when the legendary investor started pouring billions into Apple Inc. His firm, Berkshire Hathaway Inc., first acquired Apple stock in 2016. Since then, that investment has ballooned to $110 billion, constituting nearly 40% of the firm's equity portfolio. Ready to supercharge your investment game? Discover exclusive opportunities in the world of startups that you won’t find anywhere else!  ( 33 min )

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The FTC and 17 state attorneys general filed an antitrust suit against Amazon on Tuesday, alleging the company operates an illegal monopoly.  ( 36 min )

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Truist's William Stein reaffirmed his Buy ratings for Nvidia and Monolithic Power Systems and his price targets for both stocks.  ( 22 min )

Caterpillar, one of the largest employers in Sanford, paid $21 million to buy a shuttered factory. Is an expansion next?  ( 19 min )

Credit cards and mobile apps won’t pay for much in a power outage.  ( 27 min )

Dubbed the Oracle of Omaha, Warren Buffett is renowned for his simple and frugal lifestyle. Despite being the sixth richest person globally, with a net worth estimated at $117.9 billion, Buffett continues to live in the same modest home in Omaha that he purchased in 1958 for just $31,500. Adjusted for inflation, that amount today would be approximately $328,990.80, a mere 0.000279% of his total net worth. Buffett has consistently ranked the purchase of his home as the third-best investment he ha  ( 32 min )

Mercedes Wedaa, a former housekeeper for Amazon.com Inc. Founder Jeff Bezos, filed a lawsuit against him and two companies responsible for managing his properties. The lawsuit, filed in November 2022 in Seattle, claims that she and other employees worked in unsafe and unsanitary conditions for extended 14-hour shifts without breaks. According to Wedaa, she was hired in 2019 with the requirement that she "work around a family without being seen." Trending: Until 2016 it was illegal for retail inv  ( 34 min )

There is growing risk to the financials of two big department stores as consumers deal with rising interest rates.  ( 33 min )

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A "soft landing" for the U.S. economy is more likely than not, Minneapolis Federal Reserve Bank President Neel Kashkari said on Tuesday, but there is also a 40% chance that the Fed will need to raise interest rates "meaningfully" to beat inflation. Under the more likely scenario -- Kashkari pegged the probability at about 60% -- the Fed "potentially" raises rates one more quarter of a percentage point and then holds borrowing costs steady "long enough to bring inflation back to target in a reasonable period of time," he said in an essay published on the regional Fed bank's website. Inflation by the Fed's preferred measure has dropped from 7% last summer to 3.3% this past July, and U.S. unemployment has only ticked up a bit, reaching 3.8% at last read.  ( 31 min )

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Amid heightened political scrutiny and a strike by the United Auto Workers union, Ford said it will put on hold its $3.5 billion electric vehicle battery plant in Michigan.  ( 19 min )

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Shares of Sirius XM fell after its majority proposed combining the company with the group of tracking stocks that holds Liberty's existing stake in the satellite-radio operation. Sirius stock fell about 10% in early trading. Liberty's Class A tracking stock was up about 8%.  ( 22 min )

In the world of stock markets, a well-known adage prevails: insiders may sell shares of their own companies for a myriad of reasons, but their decision to buy stock typically hinges on one belief – they believe the shares are set to rise. By insiders, we mean the corporate officers that sit on company boards and are the in-the-know types with access to the sort of information not available to the casual investor. By law, they are required to make their purchases public, thereby keeping the playi  ( 35 min )

JPMorgan believes DraftKings stock is undervalued, as recent market share gains will prove sustainable despite competition coming into the market.  ( 33 min )

The company pivoted to a loss in its fourth fiscal quarter, and management warned of continued challenges next year.  ( 22 min )

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Fisker has made 5,000 all-electric Ocean SUVs so far this year. The electric-vehicle maker is on target to hit its guidance for the year.  ( 22 min )

Liberty Media owns a roughly 83% stake in Sirius XM, whose holdings span satellite radio, podcasts and the Pandora audio-streaming service.  ( 22 min )

J.P. Morgan analyst Joseph Greff upgraded shares of DraftKings to Overweight from Neutral.  ( 22 min )

Do you have enough money to retire? There are many different ways to look at this, but the most common is to break it down simply: money in vs. money out. How much income can you generate from your retirement planning, and how much will you need to spend? Here, say that you have $1 […] The post I Have $1 Million in a 401(k) and Will Receive $2,500 Monthly From Social Security. Can I Retire at 65? appeared first on SmartReads by SmartAsset.  ( 35 min )

The company pivoted to a loss in its fourth fiscal quarter, and management warned of continued challenges next year.  ( 22 min )

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(Bloomberg) -- With odds of a hard landing rising just as inflation is set to re-accelerate, this is the time for investors to offload their expensive growth shares in favor of value stocks, says Rob Arnott, founder of smart-beta pioneer Research Affiliates. Most Read from BloombergDimon Warns World Not Ready for 7% Fed Rate: Times of IndiaIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownC  ( 32 min )

Stocks pulled back as Wall Street continued to face up to the prospect of a long period of high interest rates.  ( 37 min )

Stocks pulled back at the open as Wall Street continued to face up to the prospect of a long period of high interest rates.  ( 35 min )

Stock futures pulled back as Wall Street continued to face up to the prospect of a long period of high interest rates.  ( 33 min )

The JPMorgan CEO spelled out what he sees as the worst-case scenario for the U.S. economy, and warned that not everyone would be able to withstand it.  ( 33 min )

↘️ Chip stocks including Nvidia (NVDA), ASML (ASML) and Micron (MU) traded down ahead of the opening bell, amid broader weakness in shares of big  ( 22 min )

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A recent C$4.6 billion capital raise by Enbridge and a raft of new U.S. deals have spurred optimism for a revival in Canadian equity capital markets (ECM) issuance, bankers and lawyers said. Enbridge's jumbo equity sale to finance a portion of its acquisition of three utilities from Dominion Energy propelled Canadian ECM issuance to a two-year high of C$6.7 billion ($5 billion) in the third quarter of this year, according to data from Refinitiv. "I think there is evidence out there that for the right transaction for the right reasons, investors will show up," said François Carrier, co-head of Desjardins Capital Markets.  ( 33 min )

Pressuring equities, the benchmark two- and 10-year Treasury yields have scaled multi-year highs after the Fed's hawkish longer-term rate outlook, a stance also projected by other major central banks. Minneapolis Fed President Neel Kashkari on Monday noted the need for raising borrowing costs to tame inflation in light of a surprisingly resilient economy, while Chicago Fed chief Austan Goolsbee in a CNBC interview said inflation above 2% target remains a greater risk than the scope of a slowing economy.  ( 31 min )

Rivian Automotive could beat consensus for its third-quarter deliveries, according to Baird. Tesla faces a tougher challenge, but there are still reasons for optimism.  ( 22 min )

(Bloomberg) -- Investors that missed out on this year’s dizzying rally in Nvidia Corp. have an attractive entry point this month.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesDimon Warns World Not Ready for 7% Fed Rate: Times of IndiaCostco Offers Members $29 Online Health Care VisitsIndia-Canada Clash Should Be a Wake-Up CallBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapThat’s according to Morgan Stanley, which argues that  ( 34 min )

(Bloomberg) -- Alibaba Group Holding Ltd. said it will spin off Cainiao Smart Logistics Network Ltd., the logistics arm of its e-commerce empire, through an initial public offering in Hong Kong. Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesDimon Warns World Not Ready for 7% Fed Rate: Times of IndiaCostco Offers Members $29 Online Health Care VisitsIndia-Canada Clash Should Be a Wake-Up CallBonds Sink, S&P 500 Snaps Four-Day Losing Streak:  ( 32 min )

JPMorgan Chase made millions by keeping Jeffrey Epstein as a banking client. Now it faces a reckoning in federal court.  ( 37 min )

The debacle at China Evergrande Group is heating up some of the nation's social media platforms with discussions about its fate. Some argued the penny stock is worth a punt before another bid to beat the drop. Others said bankruptcy may be inevitable. The drama took another turn for the worse when the developer's major onshore unit, Hengda Real Estate Group, failed to repay a 4 billion yuan (US$547 million) note on Monday, an obligation among US$327 billion of liabilities choking the homebuilder  ( 34 min )

(Bloomberg) -- Among the sticking points highlighted by United Auto Workers on strike are the billions of dollars Detroit’s legacy carmakers have plunged into stock repurchases.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesDimon Warns World Not Ready for 7% Fed Rate: Times of IndiaCostco Offers Members $29 Online Health Care VisitsIndia-Canada Clash Should Be a Wake-Up CallBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapNow, a  ( 34 min )

Ford is pausing a $3.5 billion electric-vehicle battery plant, Thor Industries' fiscal 2024 outlook disappoints, and Costco is scheduled to report earnings Tuesday.  ( 22 min )

(Bloomberg) -- Shares in Asia slid while Treasury yields and the dollar rose in a sign investors are yet to fully recalibrate interest rate expectations.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesCostco Offers Members $29 Online Health Care VisitsBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapIndia-Canada Clash Should Be a Wake-Up CallDimon Warns World May Not Be Ready for Fed at 7%, TOI SaysEquity benchmarks for Japan, Au  ( 34 min )

One year ago today, the British pound appeared headed for the once-unthinkable: parity with the U.S. dollar. Sterling dropped to $1.035—its lowest level ever  ( 22 min )

(Bloomberg) -- Investors are souring on the technology-heavy Nasdaq 100 Index, building short positions in the futures market, according to Citigroup Inc. strategists. Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesDimon Warns World Not Ready for 7% Fed Rate: Times of IndiaCostco Offers Members $29 Online Health Care VisitsIndia-Canada Clash Should Be a Wake-Up CallBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapPositioning in  ( 32 min )

(Bloomberg) -- Japan’s finance minister issued his second salvo of warnings to players in foreign-exchange markets in a day after the yen reached its lowest against the dollar since October, the month authorities last intervened to prop up the currency.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesDimon Warns World Not Ready for 7% Fed Rate: Times of IndiaCostco Offers Members $29 Online Health Care VisitsIndia-Canada Clash Should Be a Wake  ( 33 min )

The euro fell to its weakest in six months against the dollar as rising Treasury yields boosted the U.S. currency, but its losses may be limited as a weak eurozone economy should be priced in to the euro, MUFG said.  ( 25 min )

Asian shares mostly sank Tuesday over worries about a possible U.S. government shutdown and the troubled Chinese economy. Japan's benchmark Nikkei 225 index slipped 1.0% in afternoon trading to 32,357.25. Hong Kong's Hang Seng shed 0.9% to 17,576.83, while the Shanghai Composite fell 0.2% to 3,109.69.  ( 34 min )

(Bloomberg) -- Prices in China are recovering, according to an independent survey, providing more evidence that the worst may be over for the world’s second-biggest economy and easing fears of a Japan-style deflation for now.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesDimon Warns World May Not Be Ready for Fed at 7%, TOI SaysCostco Offers Members $29 Online Health Care VisitsBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapIn  ( 31 min )

(Bloomberg) -- The world may not be prepared for a worst-case scenario of Federal Reserve benchmark interest rates hitting 7% along with stagflation, JPMorgan Chase & Co. CEO Jamie Dimon said in an interview with the Times of India in Mumbai. Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesCostco Offers Members $29 Online Health Care VisitsBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapIndia-Canada Clash Should Be a Wake-Up Cal  ( 33 min )

The Detroit automaker is changing its strategy after China EV sales suffered from marketing and sales missteps.  ( 29 min )

For families who don’t need to borrow, higher rates might not affect daily life. But for those who do, higher rates are really starting to hurt.  ( 22 min )

A worker shortage and high energy prices in the country pose challenges for the U.S. company’s planned semiconductor factory.  ( 28 min )

Plus, the corporate fiasco involving a royal carpet maker and a Nomura banker gets stuck in China  ( 6 min )

Disney and Comcast prepare for battle over the price of full ownership of the streaming service  ( 6 min )

(Bloomberg) -- Private equity firms have been increasingly adding another layer of debt to their complex borrowing arrangements, raising concern among some investors about potential risks to the wider industry and the financial system.Most Read from BloombergDimon Warns World Not Ready for 7% Fed Rate: Times of IndiaIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesCostco Offers Members $29 Online Health Care VisitsIndia-Canada Clash Should Be a Wake-Up CallBonds Sink  ( 35 min )

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After a volatile end to the summer, can investors look forward to a gentler autumn? There is some reason to hope so, according to Sharmin Mossavar-Rahmani, chief investment officer of wealth management at Goldman Sachs. This year, as the S&P 500 rebounded from the 19% loss it sustained in 2022, Mossavar-Rahmani has seen her bullish position vindicated, and she believes recent earnings trends and the receding probability of a recession promise further gains to come. In an interview with Barron’s,  ( 36 min )

De NS moet de omstreden spitsheffing opnieuw overwegen en met alternatieven komen. Wat betreft het hanteren van verschillende prijzen op verschillende tijdstippen laat demissionair staatssecretaris Vivianne Heijnen (Infrastructuur) de deur wel op een kier staan. De Kamer is er niet gerust op.  ( 4 min )

JPMorgan Chase heeft in een rechtszaak over oud-klant Jeffrey Epstein een schikking van 75 miljoen dollar getroffen met de Amerikaanse Maagdeneilanden. De eilandengroep had de zaak aangespannen omdat de bank jarenlang zorgelijke signalen over de steenrijke zedendelinquent negeerde.  ( 3 min )

Een ruime meerderheid in de Tweede Kamer is tegen de invoering van een spitsheffing door de NS. Het openbaar vervoer in Nederland is al duur genoeg, zeggen verschillende partijen dinsdag tijdens een debat over de zogenoemde hoofdrailnetconcessie.  ( 4 min )

Werknemers krijgen geen wettelijk recht om thuis te werken. Een meerderheid in de Eerste Kamer heeft de Wet werken waar je wilt dinsdag verworpen. In de praktijk verandert er weinig, aangezien veel bedrijven al afspraken maken met werknemers.  ( 5 min )

Werknemers krijgen geen wettelijk recht om thuis te werken. Een meerderheid in de Eerste Kamer heeft de Wet werken waar je wilt dinsdag verworpen. In de praktijk verandert er weinig aangezien er bij veel bedrijven al afspraken worden gemaakt met werknemers.  ( 5 min )

Wie in een sociale huurwoning zit, betaalt volgend jaar mogelijk bijna 6 procent meer huur. Dat meldt demissionair minister voor Volkshuisvesting Hugo de Jonge dinsdag. In de vrije sector mogen de huren maximaal zo'n 5 procent worden verhoogd.  ( 3 min )

De zorgverzekering van DSW wordt volgend jaar 11,50 euro per maand duurder. Andere zorgverzekeraars volgen waarschijnlijk met een flinke premiestijging. Vergrijzing, technologische mogelijkheden en loonstijgingen zorgen ervoor dat de zorgpremie ook de komende jaren blijft stijgen.  ( 5 min )

Spaarders bij ABN AMRO krijgen vanaf 15 oktober 1,5 procent rente op hun spaargeld. Het gaat hierbij om vrij opneembaar tegoed. Dat heeft de bank dinsdag bekendgemaakt.  ( 3 min )

Italiaanse boeren kiezen er steeds vaker voor om mango's, bananen en avocado's te verbouwen. Door klimaatverandering is de temperatuur in Italië steeds geschikter voor de tropische vruchten, al komen er ook risico's bij kijken.  ( 3 min )

Wetenschappers keken er al zeven jaar naar uit en zondag was het zover. Ruimtevaartuig OSIRIS-REx leverde zijn pakketje met ongeveer 250 gram aan stof en gruis van ruimterots Bennu op aarde af. Waarom zoveel moeite voor zo'n klein beetje materiaal?  ( 4 min )

Wetenschappers keken er al zeven jaar naar uit en zondag was het zover. Ruimtevaartuig OSIRIS-REx leverde zijn pakketje met ongeveer 250 gram aan stof en gruis van ruimterots Bennu op aarde af. Waarom zoveel moeite voor zo'n klein beetje materiaal?  ( 4 min )

Werknemers krijgen geen wettelijk recht om thuis te werken. Een meerderheid in de Eerste Kamer heeft de Wet werken waar je wilt dinsdag verworpen.  ( 4 min )

Reisorganisatie Vacansoleil heeft dinsdag uitstel van betaling aangevraagd bij de rechtbank Oost-Brabant. Het bedrijf, dat campingvakanties regelt, gaat gebukt onder hoge schulden die het niet meer kan terugbetalen.  ( 3 min )

De rechtbank in Amsterdam heeft Big Bazar failliet verklaard, meldt de rechtbank dinsdag. De koopjesketen kampte met geldproblemen en kreeg steeds meer klachten over onbetaalde rekeningen.  ( 4 min )

Luchthaven Schiphol heeft weer een natuurvergunning gekregen waardoor stikstof mag worden uitgestoten. Volgens demissionair stikstofminister Christianne van der Wal heeft Schiphol genoeg stikstofmaatregelen getroffen.  ( 3 min )

Het doek is definitief gevallen voor koopjesketen Big Bazar. De rechtbank in Amsterdam heeft dinsdagochtend het faillissement uitgesproken.  ( 2 min )

Kredietverzekeraar Atradius verwacht dat dit en volgend jaar veel bedrijven failliet zullen gaan. Mogelijk gaan in 2023 maar liefst 52 procent meer ondernemingen op de fles. Bedrijven worstelen met de dure energie, de hoge rente en de coronaschuld die ze moeten afbetalen.  ( 4 min )

Stockfotowebsite Getty Images komt met een AI-hulpmiddel waarmee gebruikers zelf foto's kunnen genereren. De kunstmatige intelligentie achter het programma is getraind met rechtenvrije foto's uit de Getty-beeldbank. Daardoor schenden de gegenereerde beelden geen auteursrechten.  ( 4 min )

Gokkers die in de eerste helft van dit jaar naar het casino zijn getrokken, hebben op een avond gemiddeld 138 euro uitgegeven. Dat is 10 euro minder dan een jaar eerder, blijkt uit nieuwe cijfers van Holland Casino. Het bedrijf ziet wel meer gokkers komen.  ( 4 min )

De Surinaamse economie klimt uit een diep dal door stevige economische hervormingen. Het Internationaal Monetair Fonds (IMF) complimenteert de regering in Paramaribo met de aanpak. "De inflatie is nog hoog, maar ook die daalt", zegt IMF-directeur Kenji Okamura.  ( 3 min )

Huurders hebben in de afgelopen jaren vaker vast gezeten in dure huurwoningen omdat de hypotheeknormen strenger zijn geworden. Ze konden geen huis meer kopen en waren dus aangewezen op prijzige huurwoningen. Verhuurders profiteerden, concluderen onderzoekers van het Centraal Planbureau (CPB).  ( 4 min )

Zorgverzekeraar DSW verhoogt de zorgpremie voor 2024 met 11,50 euro naar 149 euro per maand. Deze eerste zorgpremie zet doorgaans de toon voor andere zorgverzekeraars. De grootste premiestijging sinds 2006 komt volgens DSW door hogere lonen, inflatie en extra zorgvraag.  ( 6 min )

Zorgverzekeraar DSW verhoogt de zorgpremie voor 2024 met 11,50 euro naar 149 euro per maand. Deze eerste zorgpremie zet doorgaans de toon voor andere zorgverzekeraars. De grootste premiestijging sinds 2006 komt volgens DSW door hogere lonen, inflatie en extra zorgvraag.  ( 6 min )

Apple-directeur Tim Cook bracht maandag in het geheim een bezoek aan chipmaker NXP in Eindhoven. NU.nl was erbij. De bijeenkomst ging onder meer over de toekomst van NFC-chips, het belang van Europa voor Apple en de klimaatdoelen van het bedrijf.  ( 5 min )

The Federal Trade Commission along with 17 states sued Amazon, alleging it uses illegal monopolistic power to stifle competition and keep prices high, to the detriment of customers and sellers.  ( 1 min )

United Natural Foods posted a loss for the fourth fiscal quarter of 2023, and its full-year guidance was well short of estimates.  ( 1 min )

Shares of Fisker jumped after the electric vehicle maker announced it was ramping up deliveries, and will likely exceed its guidance for 2023.  ( 1 min )

Amid heightened political scrutiny and a strike by the United Auto Workers union, Ford said it will put on hold its $3.5 billion electric vehicle battery plant in Michigan.  ( 1 min )

Immunovant shares virtually doubled in value after the biopharmaceutical company reported positive results from a Phase 1 trial of its experimental autoimmune disease treatment.  ( 1 min )

Alcoa shares tumbled after the aluminum producer announced EVP and COO William Oplinger has taken over as CEO, replacing Roy Harvey, who held the post since Alcoa split into two independent companies in 2016.  ( 1 min )

Denmark’s Novo Nordisk struck a deal with U.S.-based health tech firm Valo Health to use AI to discover and develop treatments for cardiometabolic diseases such as heart attack, stroke, and diabetes.  ( 1 min )

A German court ruled that Netflix is infringing on a Broadcom patent in the country and has ordered the company to stop streaming video in the country using Broadcom's technology.  ( 1 min )

The United Auto Workers criticized Ford’s move to pause work on an electric battery plant and the Consumer Confidence Index for September is expected to drop. Here’s what investors need to know today.  ( 1 min )

Bank of America warned that the boom in revenue growth for luxury-goods retailers as pandemic restrictions eased is over.  ( 1 min )

Higher oil prices likely won't cause consumer spending and gross domestic product (GDP) to decline, Goldman Sachs analysts said in a research note, and not all analysts expect oil prices to remain high.  ( 1 min )

Ford's deal with Canada's Unifor could add pressure on the Big Three automakers in ongoing negotiations with the striking United Auto Workers union in the U.S.  ( 1 min )

The S&P 500 snapped a four-day losing streak to finish 0.4% higher on Monday, Sept. 25, 2023 as oil prices fell below $90 a barrel, and ahead of a key inflation report due later in the week.  ( 1 min )

The S&P 500 snapped a four-day losing streak to finish 0.4% higher on Monday, Sept. 25, 2023 as oil prices fell below $90 a barrel, and ahead of a key inflation report due later in the week.  ( 1 min )

Ford's decision to pause construction on an EV battery plant will reverberate throughout the U.S. auto industry.  ( 22 min )

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Where the boom fueled expansion of biotech real estate in the Bay Area as developers looked to book up-and-coming companies, a protracted bust has underscored that scientific data select their own winners and losers. Here's the latest example in South City.  ( 25 min )

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Today's best CD rates are 5.80% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 21 min )

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Wall Street stocks struggled to advance on Monday, as the Federal Reserve's "higher for longer" interest rate strategy continued to pile on pressure as a US government shutdown loomed.  ( 44 min )

A German court ruled that Netflix is infringing on a Broadcom patent in the country and has ordered the company to stop streaming video in the country using Broadcom's technology.  ( 18 min )

HSBC analysts initiated coverage of hydrogen technology stocks Plug Power, Bloom Energy, and Chart industries at Buy.  ( 22 min )

Republicans in Congress have been probing Ford's battery plant in Michigan using technology from CATL, the world's largest battery maker. "We are pausing work and limiting spending on construction on the Marshall project until we’re confident about our ability to competitively operate the plant," Ford said Monday.  ( 31 min )

At age 99, Charlie Munger, vice chairman of Berkshire Hathaway Inc. and a Daily Journal board member, is a man many are eager to listen to. People tend to hang on to his every word like gospel. His decades of experience in investing, governance and law have given him a unique perspective on business and life, making his insights invaluable to anyone seeking wisdom. Don’t Miss: Goldman Sachs says: Portfolio(s) with a slice of real assets [like art] performed even better than the 60/40 over the lo  ( 34 min )

Berkshire Hathaway's HP stake has plunged in value from $5.5 billion to about $3 billion, reflecting its share sales and a 35% drop in the stock.  ( 32 min )

(Bloomberg) -- As the cross-asset selloff engulfed Wall Street last week, hedge funds ramped up their bets against stocks while one measure of their market positioning plunged the most since the March 2020 crash.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapCostco Offers Members $29 Online Health Care VisitsIndia-Canada Clash Should Be a Wake-Up CallEx-Wall Streeters Help Washing  ( 34 min )

On Friday, the United Auto Workers union announced it is expanding its strike against General Motors (NYSE: GM) and Stellantis (NYSE: STLA) while significant progress has been made in negotiations with Ford Motor (NYSE: F).While some fears eased no additional factories will be added besides the three assembly facilities that are already on strike, which are Ford truck plant in Wayne, Michigan, GM plant in Wentzville, Missouri and the Stellantis in Toledo, the deepening of the strikes is aiming a  ( 35 min )

Chipotle, Draftkings, Lam Research and eight other stocks may be underappreciated by investors, according to a screen run by Citi analysts.  ( 22 min )

(Bloomberg) -- The largest long-dated bond ETF is suffering its biggest drawdown on record as the Federal Reserve’s higher-for-longer interest rates start to sting. Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesIndia-Canada Clash Should Be a Wake-Up CallStocks Edge Up, Bonds Sink as Fed Talk Digested: Markets WrapChinese Gold Buying Is Driving a Paradigm Shift in BullionStudios’ Labor Focus Shifts to Actors With Writers Deal ClinchedThe $39  ( 33 min )

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The three-person team joins J.P. Morgan Private Bank in Seattle.  ( 22 min )

Honeywell is investing in ESS Tech, an iron flow battery company that can provide backup power storage for utilities.  ( 22 min )

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The labor strikes that have crippled Hollywood for the last five months may finally be coming to an end. Some investors aren’t clapping. A tentative deal between the  ( 25 min )

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Borrowers are feeling the financial strain.  ( 33 min )

The U.S. stock market already showed solid gains in 2023, with the S&P 500 climbing 13%. While momentum seems to have slowed as stocks pulled back recently, Bank of America believes there's more upside on the horizon. On Sept. 20, the bank raised its year-end price target on the S&P 500 from 4,300 to 4,600. Considering that the benchmark index currently sits at 4,320, the new target implies a potential upside of 6.5%. Don’t Miss: Passive income investments are one of the most trusted methods for  ( 33 min )

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An 85-year-old Indiana-based trucking and logistics company and its affiliates recently filed for Chapter 11 bankruptcy protection less than nine months after it was acquired by private-equity firm Transport Acquisitions. The post 85-year-old Indiana trucking company files for Chapter 11 appeared first on FreightWaves.  ( 32 min )

The UAW has highlighted executive pay raises at the Big Three. By one measure—the ratio of the CEO’s pay to the median worker’s—automakers have a wider pay gap than most large companies.  ( 30 min )

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One terminal of trucking giant Werner filed to join the Teamsters union. Teamsters said key organizers were terminated afterward. The post Werner subsidiary fires 4 truck drivers after union petition filing appeared first on FreightWaves.  ( 33 min )

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US chip-major Qualcomm (NASDAQ:QCOM) has refuted claims of shutting down its research and development (R&D) facility in Shanghai, China, despite admitting to plans for downsizing due to economic uncertainties and wavering demand. The company clarified its position on Monday, emphasizing that there are no plans for large-scale job cuts at the Shanghai facility, which employs nearly 393 employees.  ( 32 min )

While no one has a definitive answer to the question “How long will you live?”, coming up with an educated, realistic estimate goes a long way toward building a retirement plan that assures income security. Unfortunately, most U.S. adults lack what a new survey calls “longevity literacy,” a deficiency that can be a major retirement planning […] The post How Long Will You Live? Most People Don’t Account for This Retirement Data appeared first on SmartReads by SmartAsset.  ( 33 min )

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After setting a new 22-year high Thursday, 30-year mortgage rates have fallen a bit below their historic peak. Averages for most other loan types were also down.  ( 20 min )

The U.S. stock market showed impressive gains in 2023, and the latest gross domestic product (GDP) figure exceeded expectations. But according to "Rich Dad Poor Dad" author Robert Kiyosaki, the picture might not be as rosy as it appears. "Don't they know the stock market is up because Biden raised debt ceiling. America's debt is going up ... so stock market going up," he wrote in a recent tweet. "America is broke." The author's concern about America's escalating debt was echoed by Fitch Ratings.  ( 33 min )

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A 529 Rollover to a Roth IRA is a financial strategy where an individual transfers funds from a 529 college savings plan, designed to pay for educational expenses, into a Roth IRA. This is a retirement savings account that offers tax-free growth and withdrawals. While it might be a good opportunity to transfer leftover 529 […] The post Pros and Cons of a 529 Rollover to a Roth IRA appeared first on SmartReads by SmartAsset.  ( 34 min )

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Wall Street stocks struggled to advance on Monday, as the Federal Reserve's "higher for longer" interest rate strategy continued to pile on pressure as a US government shutdown loomed.  ( 35 min )

Forecasts for deliveries in the third quarter are due in a few days. Expectations have been falling, but the number still might miss the Wall Street consensus.  ( 22 min )

In the absence of crypto-native catalysts, traders are likely to focus on the same macroeconomic data releases this week that will move the stock market.  ( 21 min )

Guggenheim analyst John DiFucci upgraded shares of Microsoft to Neutral from Sell.  ( 22 min )

Huawei is out to prove it is in the vanguard of Beijing’s drive for self-reliance in technology.  ( 29 min )

Almost three-quarters of all seaborne Russian crude oil managed to get shipped without Western insurance in August, per a Financial Times analysis.  ( 33 min )

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(Bloomberg) -- Hedge fund managers are piling into short positions in ESG stocks as they hunt for bogus green claims and valuations inflated by record stimulus.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wakeup CallBonds Resume Selloff as Hawkish Fed Talk Sinks In: Markets WrapHollywood Screenwriters Reach Tentative Deal to End StrikeBloated prices ca  ( 33 min )

Channel 4's chief exec blames social media and the pandemic for Gen Z’s deficiency in essential workplace diplomacy.  ( 33 min )

(Bloomberg) -- Amazon.com Inc. will invest as much as $4 billion in Anthropic, bagging a crucial partner in its effort to become a major player in generative artificial intelligence and offering a vote of confidence in the hot startup.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wakeup CallIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesWells Fargo Preps for Wealth Battle After $1 Billion Turnaround  ( 33 min )

(Bloomberg) -- Microsoft Corp lost its only sell rating on Monday as Guggenheim upgraded its view on the software giant to neutral, citing a tailwind from generative artificial intelligence.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wakeup CallHollywood Screenwriters Reach Tentative Deal to End StrikeStocks Fall as German Yield Climbs to 2011 High: M  ( 32 min )

Wall Street stocks struggled to advance on Monday, as the Federal Reserve's "higher for longer" interest rate strategy continued to pile on pressure as a US government shutdown loomed.  ( 34 min )

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The complaints come after investors switched following Schwab’s acquisition.  ( 26 min )

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“I knew more than anyone else about insurance risks,” Rowan recalls of his first foray into the industry. His understanding of the market led him to marry the firm he founded to a profitable insurer.  ( 33 min )

P&G hit back against criticism from a group of shareholders behind a "vote no" campaign against the reelection of the company’s leaders, including CEO and Chairman Jon Moeller.  ( 21 min )

Are you a thriving star, committed and reliable, or mildly disengaged? Here's the breakdown of the employee disengagement spectrum as RTO season kicks off.  ( 34 min )

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After the worst week since March on Wall St, three issues keep the pressure - a possible U.S. government shutdown at the end of this week, rising annual oil prices and a heavy diary of Treasury debt sales. Even before U.S. markets kick off on Monday, China's ongoing property bust threw another curve ball at stocks markets there. Shares of the ailing China Evergrande plunged 21.8% after the developer said it was unable to issue new debt due to an ongoing investigation into one of its subsidiaries, dealing a fresh blow to its restructuring plans.  ( 33 min )

Investors in the shares of Chinese property companies just can't catch a break. China Evergrande Group gave them more bad news to digest last week, when it [scrapped a debt restructuring deal](https://www.wsj.com/articles/evergrande-scraps-35-billion-restructuring-plan-as-chinas-housing-crisis-inte  ( 22 min )

The U.S. securities regulator has collected thousands of staff messages from more than a dozen major investment companies, escalating its probe into Wall Street's use of private messaging apps, said four people with direct knowledge of the matter. Previously, the Securities and Exchange Commission (SEC) had asked the companies to internally review the messages in its investigation of Wall Street's use of WhatsApp, Signal and other unapproved messaging apps to discuss work. While Reuters and other media have reported that the SEC's "off-channel" communication probe has expanded to investment advisers, its move to review thousands of their staff messages has not previously been reported.  ( 33 min )

It's a now-familiar dance: Federal Reserve officials signal to the world that interest rates are not dropping anytime soon. Financial markets respond with bets to the contrary. Forecasts published on Wednesday by the U.S. central bank showed that a majority of its policymakers see the Fed's benchmark overnight interest rate ending this year at 5.6%, which implies one more interest rate hike in the next three months.  ( 33 min )

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The world of business hasn't slowed much in the face of a lot of Fed rate hikes...and uncertainty on the rate outlook.  ( 34 min )

Wall Street doubts Google will pull its business, but the stock’s big run has made the chip maker more sensitive to market fears.  ( 26 min )

Options are derivatives that give the purchaser the right to buy or sell the underlying at a pre-determined price at a later date. Quarterly options settlements are closely watched by traders.  ( 33 min )

↗️ Warner Bros. Discovery (WBD), Paramount Global (PARA), Walt Disney (DIS): Shares of entertainment companies rose premarket after writers, stud  ( 22 min )

A relentless climb brings the 10-year Treasury note’s yield near 4.5%.  ( 27 min )

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U.S. stock futures slipped lower on Monday as the outlook for interest rates remained central after a spate of central bank decisions, with economic data due in the coming days likely to advance the narrative for markets. Futures for the Dow Jones Industrial Average retreated 60 points, or 0.2%, af  ( 14 min )

(Bloomberg) -- Consumer stocks, one of the brightest corners of the market this year, are about to lose their shine as risks build for the sector, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesIndia-Canada Clash Should Be a Wakeup CallWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundHollywood Screenwriters Reach Tentative Dea  ( 33 min )

Canadian labor union Unifor announced Sunday its members voted to ratify a three-year contract with Ford Motor, which includes gains in wages and pension plans.  ( 33 min )

Media stocks rise as striking writers reached a tentative agreement with Hollywood studios that would end a monthslong strike, while Amazon will be investing up to $4 billion in artificial-intelligence company Anthropic.  ( 22 min )

Authorities in China have ordered a senior Nomura Holdings banker overseeing the firm's investment banking operations there not to leave the mainland, two sources with knowledge of the matter said. Charles Wang Zhonghe, China investment banking chairman at Nomura, is prohibited from travelling outside the mainland, said the sources, who sought anonymity as they were not authorised to speak to media. Wang was based in Hong Kong, his LinkedIn profile showed, though his nationality was not immediately known.  ( 33 min )

(Bloomberg) -- A senior banker at Nomura Holdings Inc. has been barred from leaving China in a move connected to a long-running investigation of a top dealmaker in the country, the Financial Times reported.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionStocks Flash Recession Warning as Trouble Spreads to IndustrialsIndia-Canada Clash Should Be a Wakeup CallWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundCorzine Plans to Shut Hedge Fund and Return  ( 33 min )

The deal, which includes a broad partnership, follows Microsoft’s multibillion-dollar stake in rival startup OpenAI.  ( 28 min )

The big focus this week will be eurozone inflation figures on Friday, where any weakness could lift the dollar against the euro, Swissquote Bank said.  ( 25 min )

The S&P Semiconductors Select Industry Index has topped both price-wise and on a relative basis. That bodes poorly for the sector.  ( 21 min )

The exchange has been seeking to ensure that it can make money no matter what happens in the world of cryptocurrencies.  ( 21 min )

(Bloomberg) -- Overseas investors continue to shun Philippine equities, unloading more than $370 million in a 24-day selling streak that helped sink the Philippine Stock Exchange Index to a 3.5% slump, the worst in Southeast Asia. Withdrawals in the five-week period through Friday pushed this year’s outflow to more than $552 million.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wakeup CallWells Fargo Preps for Wealth Battle After  ( 31 min )

Global markets have been feeling the heat as U.S. bond yields surged and a strengthened dollar hit a six-month high following the Federal Reserve's hawkish tone last week. The Federal Reserve indicated that rates would be higher for longer, while its counterparts in Britain, Switzerland and Japan were surprisingly dovish. The euro zone central bank also struck a relatively dovish tone.  ( 31 min )

Oil’s rise has inspired fresh fears from Washington to Wall Street that energy could throw off central bankers’ attempted soft landing of the American economy.  ( 27 min )

Lender is cutting jobs and hacking back top-heavy management structure  ( 6 min )

(Bloomberg) -- Chinese property shares dived Monday, as sentiment took a hit after distressed developer China Evergrande Group scrapped its key creditor meetings at the last minute and said it must revisit its restructuring plan.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionStocks Flash Recession Warning as Trouble Spreads to IndustrialsWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundIndia-Canada Clash Should Be a Wakeup CallBond Market Faces Qu  ( 32 min )

Shares in Asia were mostly lower on Monday, with Tokyo the only major regional market to advance, after Wall Street wheezed to more losses with its worst week in six months. U.S. futures and oil prices edged higher. Worries over China’s property sector, a U.S. government shutdown and the continued strike by American autoworkers were weighing on investor sentiment.  ( 34 min )

China Evergrande’s shares fell after the property developer scrapped a $35 billion debt-restructuring plan and said it is unable to issue new debt.  ( 26 min )

Shares of China Evergrande plunged as much as 24% on Monday after the embattled developer said it was unable to issue new debt due to an ongoing investigation into one of its subsidiaries, dealing a fresh blow to its restructuring plans. "In view of Hengda Real Estate Group Co Ltd, a principal subsidiary of the company, being investigated, the group is unable to meet the qualifications for the issuance of new notes under the present circumstances," Evergrande said in a statement late on Sunday. In August, Hengda Real Estate said it was being investigated by China's securities regulator for suspected violation over the disclosure of information.  ( 32 min )

(Bloomberg) -- China Evergrande Group is running out of time to get what would be one of the nation’s biggest-ever restructurings back on track, after setbacks in recent days that raise the risk of liquidation.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionStocks Flash Recession Warning as Trouble Spreads to IndustrialsWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundIndia-Canada Clash Should Be a Wakeup CallBond Market Faces Quandary After Fed Si  ( 34 min )

(Bloomberg) -- Oil climbed for a second day as hedge funds piled on bets that tightening supplies will see a resumption of the rally after a pause last week.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionStocks Flash Recession Warning as Trouble Spreads to IndustrialsWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundBond Market Faces Quandary After Fed Signals It’s Almost DoneUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysWest  ( 32 min )

Bitcoin fell Monday morning in Asia to trade below US$26,300. Ether also dipped and remained below the US$1,600 mark. All top 10 non-stablecoin tokens dropped.  ( 33 min )

Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary of further rate hikes that could dampen demand. Brent crude futures climbed 48 cents, or 0.5%, to $93.75 a barrel by 0110 GMT after settling 3 cents lower on Friday. "Crude oil prices have started the week on the front foot, as the market continues to digest Russia's temporary ban on diesel and gasoline exports, into an already tight market, offset with the Fed's hawkish message that rates will stay higher for longer," IG Markets analyst Tony Sycamore said.  ( 32 min )

Oil futures were higher in the morning Asian session amid ongoing supply issues.  ( 25 min )

The yen approached the closely watched 150 per dollar level on Monday and kept traders on intervention watch after the Bank of Japan and Governor Kazuo Ueda quashed hopes of any imminent move away from its stark ultra-loose monetary policy. In the broader currency market, the dollar was on the front foot, extending its gains from last week after a still-hawkish Federal Reserve surprised markets by signalling U.S. rates would need to stay higher for longer than initially expected. The yen fell to a more than 10-month low of 148.49 per dollar and remained within striking distance of 150, a level which some market watchers saw as a line in the sand that would spur forex intervention from Japanese authorities similar to that of last year's.  ( 33 min )

(Bloomberg) -- Asian equities were poised for a cautious open while the dollar traded in narrow ranges versus its major peers early Monday as investors weighed the Federal Reserve’s higher-for-longer stance.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundStocks Flash Recession Warning as Trouble Spreads to IndustrialsBond Market Faces Quandary After Fed Signals It’s Almost DoneUS to Keep a Distance F  ( 33 min )

No-load life insurance is an option where no commission is paid for initiating or servicing the policy.  ( 22 min )

With I bond rates now much lower and cash-outs possible after one year, it's a smart time to move your money into one of today's historically high-paying CDs.  ( 19 min )

A joint-life payout is a structure for pensions and retirement plans that continues providing income to a surviving spouse after the account holder dies.  ( 22 min )

Buying a car from a dealership can be stressful, but it doesn’t have to be. Follow our step-by-step guide to buy a new car with confidence.  ( 25 min )

A PLUS loan is a federal loan for higher education, available to parents of undergraduates and also to graduate and professional students.  ( 25 min )

Subscriber growth has slowed, especially in the United States and Canada, while Latin America revenue continues to surge.  ( 23 min )

Today's best CD rates are 5.80% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 19 min )

The S&P 500 snapped a four-day losing streak to finish 0.4% higher on Monday, Sept. 25, 2023 as oil prices fell below $90 a barrel, and ahead of a key inflation report due later in the week.  ( 16 min )

The International Securities Association for Institutional Trade Communication (ISITC) is an organization promoting greater financial market efficiency.  ( 19 min )

Alcoa shares tumbled after the aluminum producer announced EVP and COO William Oplinger has taken over as CEO, replacing Roy Harvey, who held the post since Alcoa split into two independent companies in 2016.  ( 17 min )

Denmark’s Novo Nordisk struck a deal with U.S.-based health tech firm Valo Health to use AI to discover and develop treatments for cardiometabolic diseases such as heart attack, stroke, and diabetes.  ( 17 min )

Re-entry term insurance offers a low rate for a fixed period, after which you must pass a medical exam to keep the low rate. Here's how it works.  ( 22 min )

A German court ruled that Netflix is infringing on a Broadcom patent in the country and has ordered the company to stop streaming video in the country using Broadcom's technology.  ( 16 min )

Diana Henriques, author of the new book, Taming the Street: The Old Guard, The New Deal, and FDR's Fight to Save American Capitalism, joins the show to talk about how President Franklin Delano Roosevelt and a small group of men revolutionized Wall Street after the crash of 1929.  ( 15 min )

Higher oil prices likely won't cause consumer spending and gross domestic product (GDP) to decline, Goldman Sachs analysts said in a research note, and not all analysts expect oil prices to remain high.  ( 18 min )

Italexit, a portmanteau of "Italy" and "exit," is the Italian version of Brexit where the EU's third largest economy leaves the European Union.  ( 20 min )

Life expectancy is defined as the age to which a person is expected to live, or the remaining number of years a person is expected to live.  ( 23 min )

Experts debate the effects raising the minimum wage has on workers, employers, and the overall job market.  ( 25 min )

An inverse head and shoulders, also called a head and shoulders bottom or a reverse head and shoulders, is inverted with the head and shoulders top used to predict reversals in downtrends.  ( 30 min )

Ford's deal with Canada's Unifor could add pressure on the Big Three automakers in ongoing negotiations with the striking United Auto Workers union in the U.S.  ( 17 min )

Cash awards are awards given to employees in the form of money or another asset, such as stock, that can be turned in for cash.  ( 20 min )

Cash wages are compensation for employees that come in the form of spendable money.  ( 20 min )

An explanation of how traders can use the Commodity Channel Index (CCI) to evaluate buy and sell signals based on price trends over various timeframes.  ( 27 min )

Bank of America warned that the boom in revenue growth for luxury-goods retailers as pandemic restrictions eased is over.  ( 16 min )

The income effect is the impact of higher purchasing power on consumption, while the substitution effect measures how consumption is affected by changing income and prices.  ( 20 min )

U.S. equities were mixed at midday on Monday, Sept. 25, 2023, with bond yields rising while oil prices lost ground.  ( 18 min )

Jefferies warned that sales for Nike and other retailers could be hurt as the moratorium on student loan repayments ends.  ( 17 min )

The securitization of mortgages into asset-backed securities fueled risk taking, and eventually brought Wall Street to its knees when the U.S. real estate bubble burst.  ( 19 min )

Mean reversion is a financial theory positing that asset prices and historical returns eventually revert to their long-term mean or average level.  ( 28 min )

Capitalism promotes free market conditions, whereas socialism incorporates certain elements of centralized economic planning.  ( 36 min )

The U.S. Securities and Exchange Commission (SEC) on Monday fined DWS Securities, a subsidiary of Deutsche Bank (DB), a combined $25 million for misstatements regarding its ESG reporting and failure to set up an anti-money laundering program.  ( 18 min )

Repayment is the act of settling a debt according to a loan's terms. typically through recurring payments over a set period of time.  ( 28 min )

A number of Americans of Latin heritage have founded highly successful financing ventures and developed significant personal wealth in the the process. Here’s a look at six of the most prominent ones.  ( 24 min )

Carlos Slim Helú is one of the richest people in the world. Here's how the business magnate did it.  ( 32 min )

The Supreme Court blocked the Biden-Harris administration's one-time student loan forgiveness plan. Is loan forgiveness off the table? New relief plans give a new avenue.  ( 23 min )

Looking to be a holistic provider of AI solutions, Amazon is investing $4 billion into a startup founded by former OpenAI employees.  ( 17 min )

Booking Holdings said Monday it plans to appeal EU regulators' veto of its acquisition of Etraveli Group, a Swedish online travel agency that specializes in tracking flights.  ( 17 min )

After setting a new 22-year high Thursday, 30-year mortgage rates have fallen a bit below their historic peak. Averages for most other loan types were also down.  ( 19 min )

Shares of major media companies fluctuated after Hollywood writers reached a tentative agreement with major studios, while actors continue to strike.  ( 17 min )

In general, buying options is a less risky strategy than selling them -- although sellers can also take steps to mitigate their risk.  ( 25 min )

A tentative agreement to end the Hollywood writers’ strike sent shares of media companies higher and Amazon is investing $4 billion in OpenAI rival Anthropic. Here’s what investors need to know today.  ( 19 min )

Some electric car owners are now experiencing higher costs to power their vehicles than to fill up their gas-powered equivalents — if you calculate the costs a certain way.  ( 20 min )

The period of indemnity is the length of time for which benefits are payable under an insurance policy. The period of indemnity is usually the most critical component of quantifying the business interruption loss.  ( 21 min )

Most electric car owners charge their vehicles at home rather than at public charging stations. Here’s what you’ll pay for electricity and equipment.  ( 20 min )

Household income, as defined by the Census Bureau, is the total gross income of all people occupying the same housing unit who are 15 years and older.  ( 24 min )

Home warranties are service contracts that act like insurance to help pay to repair or replace appliances or systems that break down in your home. Learn how they work.  ( 26 min )

Life insurance premium financing lets high net worth individuals buy costly insurance without liquidating assets, but there are risks involved.  ( 22 min )

Home appraisals do not last forever. Depending on the type of loan and housing market, an appraisal may be good for several months or only 30 days. Learn the rules here.  ( 21 min )

Find out how your life insurance policy can be a great tool for charitable giving.  ( 21 min )

Commercial health insurance is health insurance provided and administered by public and private companies rather than by the government.  ( 23 min )

There's a good chance you've heard of Fannie Mae but do you know what it does? Learn more about this government-sponsored enterprise and how it operates.  ( 26 min )

The Federal Funds Rate and the London Interbank Offered Rate (LIBOR) are two of the most prominently featured interest rates in the U.S. and abroad.  ( 21 min )

The physical notes or currency of a country that is used as a medium of exchange is known as paper money.  ( 19 min )

The Fisher College of Business is the business school at Ohio State University, located in Columbus, Ohio.  ( 19 min )

Beta can help investors determine whether a stock's price will tend to fluctuate with the market, indicating that it has systematic risk.  ( 23 min )

Roger B. Myerson is an American economist and was awarded the 2007 Nobel Memorial Prize in Economic Sciences.  ( 20 min )

The term weightless economy refers to the trade of products and services that are abstract or intangible, such as professional services.  ( 20 min )

The Robinson-Patman Act is a federal law passed in 1936 to outlaw price discrimination. It amends the 1914 Clayton Antitrust Act.  ( 21 min )

The Four Asian Tigers define the high-growth economies of Hong Kong, Singapore, South Korea, and Taiwan.  ( 20 min )

The theory of price is an economic theory that states that the price of a good or service is based on the relationship between its supply and demand.  ( 22 min )

Political lobbying is again at a heightened spend level, and again being criticized; making it important to remember lobbying's legality and importance.  ( 22 min )

General Agreements to Borrow (GAB) was a lending medium offered through the International Monetary Fund by the Group of Ten countries.  ( 21 min )

Ruim vier op de tien Nederlanders deden vorig jaar minimaal één keer vrijwilligerswerk. Dat aantal is nog altijd kleiner dan voor corona, toen bijna de helft van de Nederlanders zich weleens belangeloos inzette.  ( 3 min )

Air France-KLM heeft een overeenkomst gesloten voor de levering van vijftig nieuwe vliegtuigen van Airbus. Het gaat om het type A350, dat volgens KLM geldt als "het zuinigste en stilste model van zijn generatie".  ( 3 min )

Netbeheerder TenneT heeft een raamovereenkomst getekend met een totaalwaarde van 1,9 miljard euro voor de levering van compensatiespoelen en vermogenstransformatoren aan Nederland en Duitsland. De spoelen en transformatoren zijn volgens TenneT nodig voor de optimalisatie en het onderhoud van het hoogspanningsnet.  ( 3 min )

Scrubbolletjes, rubberkorrels voor kunstgrasvelden en andere moedwillig toegevoegde zogeheten microplastics worden in de Europese Unie verboden. De Europese Commissie wil tegengaan dat de minuscule plasticdeeltjes in de natuur terechtkomen en de gezondheid van mens en dier schaden.  ( 3 min )

De NS wil reizigers tegemoetkomen met een compensatie als ze geen andere keuze hebben dan reizen tijdens de spits. De spitsheffing heeft niet als doel om meer geld in het laatje van de NS te brengen, benadrukt het spoorbedrijf.  ( 4 min )

Big Bazar krijgt van de rechter opnieuw niet meer tijd om afspraken te maken met schuldeisers. De advocaat van de keten gaat ervan uit dat dinsdag het faillissement wordt uitgesproken.  ( 4 min )

LEGO schrapt een plan om legosteentjes te gaan maken van gerecyclede plastic flessen. In plaats daarvan wil de Deense speelgoedfabrikant ander materiaal zoeken om de CO2-uitstoot mee terug te dingen.  ( 3 min )

Booking.com mag het Zweedse online reisbureau Etraveli niet overnemen. Dat maakte de Europese Commissie maandag bekend. De overname zou Booking te machtig maken.  ( 3 min )

Veel Amerikaanse overheidsdiensten dreigen over enkele dagen te moeten sluiten omdat er geen geld meer voor is. Om dit te voorkomen moet de politiek overeenstemming bereiken over het aangaan van nieuwe schulden, maar dat akkoord laat op zich wachten.  ( 4 min )

De Consumentenbond stapt naar de rechter vanwege de beperkte geldigheid van de hotelvouchers van Fletcher Hotels. Ook is het bedrijf volgens de bond niet eerlijk over het aanbod en de verplichte kosten die bij een overnachting komen kijken.  ( 4 min )

Wie in de spits reist, betaalt in de toekomst mogelijk 2,50 euro extra voor zijn treinrit. Met deze spitsheffing, die alleen moet gelden op drukke trajecten, wil de NS reizigers stimuleren om op andere momenten te reizen.  ( 4 min )

De opleiding tot rijleraar trekt een groot aantal zijinstromers die eerder in de horeca, sales of in een winkel werkten. Al die zijinstromers zijn zeer welkom, nu de vergrijzing onder rijinstructeurs toeslaat.  ( 3 min )

Op NU.nl vind je elke dag een stelling die bij het nieuws past. Steeds meer bedrijven proberen bij het maken van chocola zoveel mogelijk slaafvrije cacao te gebruiken. Na Tony's Chocelonely, Ben & Jerry's, PLUS en Albert Heijn gaat de HEMA slaafvrije chocola gebruiken, in dit geval bij de paaseitjes. Vandaag is de stelling: 'Ik koop alleen maar chocola van eerlijke cacao.'  ( 3 min )

KLM heeft met pilotenvakbond VNV een cao-akkoord op hoofdlijnen gesloten. Daardoor gaat een geplande werkonderbreking van de vliegers maandag niet door, stelt de luchtvaartmaatschappij.  ( 3 min )

HEMA stapt over op cacaoboeren die zijn aangesloten bij een netwerk dat zich inzet tegen de uitbuiting in de cacao-industrie. In de loop van volgend jaar moeten alle HEMA-chocolaatjes gemaakt worden van traceerbare cacao.  ( 3 min )

Onze buurlanden zorgen dit jaar voor veel toerisme. De grootste stijging komt uit het oosten: maar liefst zeven miljoen mensen uit Duitsland trekken de grens naar Nederland over.  ( 4 min )

Booking Holdings said Monday it plans to appeal EU regulators' veto of its acquisition of Etraveli Group, a Swedish online travel agency that specializes in tracking flights.  ( 1 min )

Looking to be a holistic provider of AI solutions, Amazon is investing $4 billion into a startup founded by former OpenAI employees.  ( 1 min )

Jefferies warned that sales for Nike and other retailers could be hurt as the moratorium on student loan repayments ends.  ( 1 min )

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Before you obtain a real estate license in Florida, you will need to complete specific coursework, take an exam, and pass a background check.  ( 24 min )

Retirement expenses such as health insurance, home renovations, and a new car could drain your funds if you don't plan for them now.  ( 27 min )

Real estate agents in New York are among the highest paid in the nation.  ( 24 min )

One of the most important topics in retirement is Medicare. Here is the lowdown on how it works and what it may cost you.  ( 28 min )

The Employment Cost Index (ECI) is a quarterly economic series that measures the growth of total employee compensation.  ( 21 min )

Price to tangible book value (PTBV) measures a company's market value relative to the hard or tangible assets reported on its balance sheet.  ( 21 min )

These techniques can help you pass the Series 6 exam without the added stress. Here are six tips to get you ready.  ( 23 min )

From stimulus checks to quantitative easing, here’s what governments and central banks are doing around the world to provide stimulus and relief.  ( 87 min )

Unfair trade practice refers to the use of various deceptive, fraudulent, or unethical methods to obtain business.  ( 19 min )

Investment banks provide financial advice to businesses and governments and help them raise capital through the sale of stocks, bonds, and other products.  ( 21 min )

The Sick Industrial Companies Act (SICA) was a key piece of legislation introduced in 1985 to deal with the issue of rampant industrial sickness in India.  ( 19 min )

Former congresswoman Marcia Fudge is the current U.S. secretary of Housing and Urban Development (HUD).  ( 23 min )

Brady might have hung up his jersey for good, but the 7x Super Bowl champion is plenty busy off the field. Brady has a net worth of $300 million, according to Celebrity Net Worth, thanks to his decades-long career as a star quarterback in the NFL, and a series of lucrative businesses and investments in sports teams.  ( 19 min )

If you’re completely financially independent from your parents since you were a kid, you’re firmly in the minority.  ( 17 min )

In 1985, the G-5 nations signed an agreement to devalue the United States currency and correct the GDP. It worked, but there were casualties.  ( 23 min )

One in five retirees is working for financial and mental benefits, according to a T. Rowe Price study.  ( 18 min )

The Caribbean Free Trade Association (CARIFTA) is a multilateral free-trade area composed of Caribbean nations and dependencies that existed from 1965 to 1972.  ( 19 min )

Understand how difficult it is to break into the field of private equity, and increase your chances by preparing early and following these tips.  ( 23 min )

Convertible preferred stock is a hybrid security that gives holders the option to convert their preferred stock into common shares after a defined date.  ( 24 min )

A debt bomb occurs when a borrower defaults on its obligations, sending ripples throughout the global financial system.  ( 19 min )

If you are pondering a midlife career change that involves a transition into finance, then here are a few tips that will help.  ( 26 min )

It's easy for some people to become millionaires. But what if you don't have a high-paying job or family money? You still can make it.  ( 28 min )

A void contract is a formal agreement that is illegitimate and unenforceable from the moment it is created. Learn more about what makes a contract void.  ( 21 min )

Hyperinflation is an extreme case of monetary devaluation that is so rapid and out of control that the normal concepts of value and prices are meaningless.  ( 21 min )

(Bloomberg) -- The impact of a deeper economic deterioration in China will be mainly felt in Australia through weaker trade and reduced risk appetite in financial markets, Australian regulators said in a quarterly statement.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundStocks Flash Recession Warning as Trouble Spreads to IndustrialsBond Market Faces Quandary After Fed Signals It’s Almost DoneUS to  ( 31 min )

Retirement expenses such as health insurance, home renovations, and a new car could drain your funds if you don't plan for them now.  ( 27 min )

Investors have been buoyed this year by the fact that a mooted recession has failed to materialize. However, Morgan Stanley’s chief U.S. equity strategist, Mike Wilson, says that it does not mean the prospect of one taking place has completely evaporated. “While the investor sentiment pendulum on a recession arriving in 2023 has swung from roughly ’70/30′ to ’30/70′ over the past 6 months based on our dialogue, there is more debate on whether we have avoided it altogether – i.e., soft/no landing  ( 36 min )

The Conference Board reports the September Consumer Confidence Index on Tuesday, and the Bureau of Labor Statistics releases the personal-consumption expenditures price index for August on Friday.  ( 21 min )

Asia kicks off the last week of the quarter on Monday, with markets badly bruised by the surge in U.S. bond yields following the Federal Reserve's hawkish pause last week and investors looking to get through the week without any further whiplash. Benchmark two- and 10-year Treasury yields are the highest since 2006-07, 10-year real yields have broken above 2%, and asset markets around the world are buckling under the higher-for-longer U.S. rate outlook. The dollar is strengthening as a result, and as emerging market investors are all too aware, the combination of high U.S. debt servicing costs and a strong dollar are rarely a welcome combination.  ( 32 min )

(Bloomberg) -- Oil’s move higher is making waves around the world as supplies buckle amid a growing appetite for crude and petroleum products, threatening to complicate the task of central bankers in their efforts to tame inflation. Meanwhile, the International Energy Agency hosts three events this week in Paris focused on the energy transition, including one on critical minerals Thursday.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Weal  ( 34 min )

Investing.com - The stock market's September turbulence appears to be unfolding as expected. Historical patterns, including election year cycles and ten-year cycles, suggest that the final quarter of the year could see a robust performance.  ( 32 min )

US consumers have accumulated $1 trillion of credit card debt. That sounds like a lot, but it's not an excessive amount, experts say.  ( 34 min )

Some borrowers fear what's next as student loan payments resume in October. They're searching for answers and ways to trim their spending.  ( 41 min )

Earnings reports from Costco, Cintas, Micron, Accenture, CarMax, Nike, and Carnival. Plus, core PCE inflation data, consumer confidence, and more.  ( 22 min )

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(Bloomberg) -- US small-cap and industrial stocks are dropping, typically signals of a recession, but in a year where equities have already beaten expectations some investors are dismissing the moves as little more than noise — for now.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s A  ( 34 min )

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If you contribute to a tax-advantaged retirement account at work or a traditional IRA, Required Minimum Distributions (RMDs) are something you'll need to factor into your financial plan. These distributions are minimum amounts you're required to withdraw from your retirement … Continue reading → The post Is an RMD Needed If You're Still Working? appeared first on SmartAsset Blog.  ( 34 min )

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Cash investments are seeing some of the largest yields in more than decade.  ( 34 min )

Canadian labor union Unifor said on Sunday its members had voted to ratify a new contract with Ford Motor, a relief for the Detroit automaker locked in a separate tussle with its U.S. union over demands for better pay and benefits in the country.  ( 31 min )

Americans owe over $1.7 trillion in federal student loan debt with a million borrowers defaulting every year.  ( 33 min )

A stacked calendar with inflation data and updates on several macro economic headwinds awaits investors in the week ahead.  ( 37 min )

Regardless of if you’re trading for the short term or investing for the long term, making money in the stock market is a process. And processes involve time.  ( 36 min )

(Bloomberg) -- Jon Corzine will shutter the hedge fund he started after the collapse of MF Global Holdings, marking the end of his bid to rebound from one of the largest bankruptcies in US history. Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s Almost DoneChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King  ( 31 min )

Employers are stepping up monitoring of in-office attendance, though efforts can alienate workers or prove difficult to implement.  ( 27 min )

One in five retirees is working for financial and mental benefits, according to a T. Rowe Price study.  ( 19 min )

BEIJING (Reuters) -China Evergrande said on Sunday that in view of an investigation into Hengda Real Estate Group, its flagship onshore unit, it was unable to meet qualifications for the issuance of new notes under its debt restructuring plan. The Evergrande unit was being probed by the Chinese securities regulator for suspected violation of information disclosure. "Holders of the company’s securities and potential investors of the company are advised to exercise caution when dealing in the securities of the company," Hui Ka Yan, chairman of China Evergrande Group, said in the Sunday filing to the Hong Kong Stock Exchange.  ( 32 min )

Davidson Kempner Capital Management initiated positions in Exxon, Domino’s, and Coca-Cola, and exited CVS stock in the second quarter.  ( 22 min )

(Bloomberg) -- Just a couple of months ago, emerging-market assets were all the rage as inflation eased and interest rate-cut bets surfaced. The trade has all but fizzled out. Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s Almost DoneChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King And Other Health Infl  ( 33 min )

Arm, Instacart and Klaviyo all popped on their first day of trading, but their performance since then has been more muted.  ( 27 min )

Despite the threat of China’s triggering a worldwide crisis as Russia did in 1998, emerging markets are much more resilient now. It doesn’t mean investors will profit from them.  ( 26 min )

Too many consumers settle for savings accounts that pay almost no interest. High-yield alternatives aren't hard to find.  ( 34 min )

Jeremy Hunt cheered falling inflation numbers last week, claiming the data showed his plan to fix the economy was working.  ( 34 min )

(Bloomberg) -- What determines the price of gold? For much of the past decade the answer was easy: the price of money. The lower rates fell, the higher gold climbed, and vice versa.Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s Almost DoneChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King And Other Health  ( 34 min )

China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a fund that will invest in emerging industries, the China Business News reported on Sunday. China's state-owned enterprises (SOEs) have been ramping up investment in emerging and strategic industries such as artificial intelligence, new energy, new materials and biotech as part of Beijing's SOE reforms. China Reform Holdings was set up in 2021 and tasked with deepening SOE reforms.  ( 31 min )

High claim losses have driven up insurance costs for plenty of homeowners in the Golden State.  ( 32 min )

Economists expect sales of new homes to have fallen in August. The government's monthly measure is due Tuesday.  ( 22 min )

(Bloomberg) -- Singapore became the biggest investor in Japan’s real estate sector this year, lured by the yen’s weakness and growing demand in logistics and hospitality industries, according to Knight Frank LLP.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s Almost DoneStocks Flash R  ( 32 min )

Pentwater Capital predicted that FTC efforts to block big deals would fail.  ( 28 min )

Japan’s government is on a mission to get the country’s cash-hoarding households to invest more.  ( 29 min )

U.S. Central Bank Telegraphs One More Interest Rate Hike In 2023  ( 32 min )

SEOUL (Reuters) -South Korea's LG Chem Ltd has entered a partnership with China's Huayou Group's subsidiary Youshan, it said on Sunday, to build a joint electric vehicle (EV) battery material plant in Morocco to diversify its portfolio. Huayou has joined the growing number of Chinese electric vehicle and battery companies seeking to expand overseas to get closer to their foreign clients and benefit from local incentives. In a separate statement, Huayou's listed unit Zhejiang Huayou Cobalt Co said it intended to build plants with LG Chem in Indonesia and Morocco under a strategic partnership to promote international growth.  ( 33 min )

The city’s new landmarks are struggling office buildings and a shopping mall losing tenants.  ( 23 min )

KLM zegt een akkoord op hoofdlijnen te hebben gesloten met pilotenvakbond VNV over een nieuwe cao. Daardoor gaat een geplande werkonderbreking van de vliegeniers maandag niet door, stelt de luchtvaartmaatschappij.  ( 3 min )

Frankrijk stapt helemaal uit de steenkoolsector. Tegen 2027 moeten de laatste twee op steenkool draaiende elektriciteitscentrales van het land zijn omgebouwd. Dat heeft president Emmanuel Macron zondag bekendgemaakt. Daarnaast wil hij dat de brandstofindustrie de producten tegen kostprijs aanbiedt.  ( 3 min )

De Tsjechische miljardair Daniel Kretínský verkoopt zijn belang in de Franse krant Le Monde. Zijn aandelen gaan over naar de Franse zakenman Xavier Niel, die al grootaandeelhouder in het nieuwsmedium was.  ( 3 min )

Een goede smartphone hoeft niet duur te zijn. In de prijsklasse van 350 tot 500 euro zijn veel goede telefoons verkrijgbaar. De OnePlus Nord 3 5G, Google Pixel 7a en Samsung Galaxy A54 5G zijn volgens Tweakers op dit moment de beste smartphones in dit prijssegment.  ( 3 min )

De Duitse bouwsector heeft 50 miljard euro aan stimuleringsmaatregelen nodig om uit het slop te komen, betoogt vakbond IGBAU. Hogere rentes en sterk gestegen materiaalkosten drukken zwaar op de Duitse bouw.  ( 3 min )

Als kunstmatige intelligentie ergens goed in is, dan is het wel taalverwerking. Je kunt ermee chatten, maar AI kan ook vertalen. Dat klinkt als een bedreiging voor professionele vertalers, maar bij het Nederlands Genootschap van Tolken en Vertalers (NGTV) maken ze zich nog niet druk.  ( 4 min )

Het minimumloon gaat omhoog naar 13,50 euro per uur, maar sommige partijen en vakbonden willen dit bedrag nog verder verhogen. Ze opperen een minimum van 14, 16 of zelfs 18 euro per uur. Dat klinkt als een sympathiek plan, maar experts hebben hun bedenkingen.  ( 5 min )

Tech stocks tend to fall early in tightening cycles but rebound and recover losses later on.  ( 1 min )

The Asian Infrastructure Investment Bank (AIIB) is a Beijing-based multilateral development bank that finances infrastructure projects in Asia.  ( 23 min )

The majority of Medicare recipients receive benefits when they turn 65, but you may be eligible at a younger age if you have a qualifying disability, ESRD, or ALS.  ( 24 min )

The Vatican is the smallest country in the world, and has an economy shrouded in secrecy. Here are some little known facts that will give you a peek into the mysterious world of the Vatican's finances.  ( 26 min )

While a falling unemployment rate sounds like a good thing, it can actually be indicative of people leaving the labor force because they can't find a job.  ( 23 min )

The Consumer Financial Protection Bureau (CFPB) is a regulatory agency charged with overseeing financial products and services that are offered to consumers.  ( 21 min )

Management fees are the price charged by fund managers to invest capital on behalf of clients. The fee covers managers for their time and their expertise.  ( 22 min )

A Keltner Channel is a set of bands placed above and below an asset's price. The bands are based on volatility and can aid in determining trend direction and provide trade signals.  ( 24 min )

A lot is amount of securities bought in a single transaction on an exchange. A round lot is typically 100 shares but investors don't have to buy in round lots.  ( 25 min )

A bond quote is the price at which a bond is trading. It's typically expressed as a percentage of par value with the percentage converted to a point scale.  ( 22 min )

Bond futures oblige the contract holder to purchase a bond on a specified date at a predetermined price.  ( 24 min )

Tech stocks tend to fall early in tightening cycles but rebound and recover losses later on.  ( 18 min )

The CFA Institute is an international organization that serves investment management professionals with education, ethics, and certification programs.  ( 21 min )

Scholastic Corporation missed revenue and profit estimates for the quarter ended Aug. 31, as lagging book sales impacted the publisher's core business.  ( 18 min )

Commodities are the raw materials used for products manufactured worldwide. This article lists the top 10 countries with the most value in natural resources.  ( 25 min )

Deciding to buy CIF or FOB depends on the experience of the buyer. FOB generally holds wider appeal among regular international shippers.  ( 23 min )

The top shareholders of Amazon are Jeff Bezos, Andrew Jassy, Jeffrey Blackburn, Advisor Group, Vanguard Group, and BlackRock.  ( 24 min )

Layer 1 and Layer 2 blockchain scaling solutions are two types of improvements to the processing speed of any cryptocurrency network.  ( 23 min )

Yield farming is a high-risk, volatile investment strategy in which the investor stakes or lends crypto assets to earn a higher return.  ( 21 min )

The Gilded Age, which spanned roughly from the late 1870s to the early 1900s, was a time of rapid industrialization, economic growth, and prosperity for the wealthy. It was also a time of exploitation and extreme poverty for workers.  ( 28 min )

The Federal Reserve's interest rate hikes have taken a toll on some of the biggest bond market ETFs available to investors.  ( 19 min )

A value reporting form is an insurance form a company with irregular inventory completes in order to receive insurance coverage in variable amounts.  ( 20 min )

Several currency denominations have been discontinued by the U.S. Treasury and others are still in circulation but rarely used.  ( 24 min )

A home warranty and home insurance both provide peace of mind, but they offer different types of coverage. Find out how they differ and if you need both.  ( 25 min )

The Singapore Interbank Offered Rate (SIBOR) is the benchmark interest rate for lending between banks in markets within the Asian time zones.  ( 22 min )

Of the 50 U.S. states, 39 and the District of Columbia do not tax Social Security benefits.  ( 31 min )

These nine states impose no income tax on residents, but moving there may not save you money.  ( 31 min )

As US debt explodes, net interest payments are projected to become the single biggest expenditure by 2051, even topping Social Security.  ( 32 min )

(Bloomberg) -- Policymakers on each side of the Atlantic are likely to take comfort this week from a slowdown taking hold in key underlying measures of consumer-price growth.Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King And Other Health Influencers Face Mounting LawsuitsAI Fantasy Fades as Wall Street Reels From Real-World Rate JumpTinder Offers $500-a-Month Subscriptio  ( 36 min )

(Bloomberg) -- Bond investors face the crucial decision of just how much risk to take in Treasuries with 10-year yields at the highest in more than a decade and the Federal Reserve signaling it’s almost done raising rates.Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King And Other Health Influencers Face Mounting LawsuitsAI Fantasy Fades as Wall Street Reels From Real-World  ( 33 min )

(Bloomberg) -- Apollo Global Management Inc.’s James Zelter is “skeptical” of an economic soft landing. Ares Management LLC co-founder Michael Arougheti is concerned about the risk of a fiscal accident. Defaults will rise in coming years as riskier debt comes due for refinancing, according to Joshua Easterly of Sixth Street Partners LLC and hedge fund manager Hamza Lemssouguer. Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India  ( 34 min )

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Tech stocks tend to fall early in tightening cycles but rebound and recover losses later on.  ( 19 min )

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Amid growing backlash and scrutiny, significant money managers, including BlackRock, have closed more ESG funds in 2023 than in the previous three years combined.  ( 32 min )

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I am 57 and have $1.1 million in my 401(k) and $50,000 in a high-yield savings account. I earn $300,000 per year and put $30,000 in my 401(k) each year plus a match on the first 6%. I have a $220,000 mortgage on a home valued at $550,000. I would like to retire at 62 […] The post Ask an Advisor: I Have $1.15 Million Saved and Will Collect $3,500 Per Month in Social Security. Can I Retire at 62? appeared first on SmartReads by SmartAsset.  ( 33 min )

India's aviation authorities have ruled out intervening in a dispute between Akasa Air and its pilots after the budget carrier accused the regulator of inaction, a legal filing shows. Over 40 of Akasa's 450 pilots quit without serving their notice in recent weeks, and the airline has sued some of them and challenged Indian authorities in court for not acting on its requests to deal with alleged pilot "misconduct". Akasa argues its contractual obligations with pilots remain in force, and is suing the regulator for not intervening in the public interest.  ( 31 min )

Trudeau's popularity as measured by opinion polls has dropped as Canadians deal with a cost-of-living crisis, sparked by the central bank's record pace of interest rate increases to tame inflation. Trudeau has waded into a sensitive monetary policy debate and past comments on interest rates by his government and other provincial politicians have raised questions about the independence of the central bank.  ( 31 min )

Contract talks with the union have been running parallel to UAW talks in the U.S.  ( 27 min )

The top shareholders of Amazon are Jeff Bezos, Andrew Jassy, Jeffrey Blackburn, Advisor Group, Vanguard Group, and BlackRock.  ( 24 min )

Imagine awakening to the gentle sound of waves washing up on a pristine beach, steps away from your luxury villa. You enjoy a gourmet breakfast while planning your day, debating between taking a tranquil boat trip or enjoying a private tour of a renowned local museum. All of these are made possible because you’ve amassed […] The post What a Retirement Lifestyle With $20 Million Looks Like appeared first on SmartReads by SmartAsset.  ( 36 min )

In the intricate world of healthcare and insurance, high-net-worth individuals often face unique challenges and opportunities. Their healthcare needs, lifestyle and financial situation necessitate a different approach to insurance, one that is tailored to their specific circumstances. Whether you have a high net worth or not, a financial advisor can help you manage risk and […] The post Health Insurance Options for High-Net-Worth Individuals appeared first on SmartReads by SmartAsset.  ( 34 min )

As crude oil prices near triple digits, it isn’t just consumers feeling uneasy.  ( 26 min )

Roam offers listings of homes for sale with assumable mortgages, which allows the buyer to take over the seller's current home loan.  ( 33 min )

Practice over pedigree is the new normal. College students have gotten the hint.  ( 33 min )

Oneok’s $19bn takeover of Magellan reflects shifting views of future for gas vs oil  ( 6 min )

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(Bloomberg) -- Exxon Mobil Corp., which operates one of the world’s biggest oil-refining networks, is trying to be more responsive to changing consumer demands as the energy transition gathers pace. The changes it’s considering include potentially replacing some gasoline production with chemicals.Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseUS to Keep a Distance From India-Canada Dispute, Signum  ( 34 min )

Caregivers, especially women caregivers, are getting cheated out of retirement savings thanks to the pandemic — and now the transition back to the office.  ( 34 min )

Retirement has gotten harder for low-income Americans. In July, the Government Accountability Office studied the impact of tax-advantaged retirement accounts. In doing so, they found that the disparity in retirement savings between low-income and high-income workers between ages 51 and 64 grew significantly between 2007 and 2019. This means people nearing retirement today are in […] The post This Little Known Tax Credit Helps Low-Income Workers Catch Up on Retirement Contributions appeared first  ( 32 min )

Long-Term Capital Management’s collapse 25 years ago started a habit hard to break—the “Fed put.”  ( 26 min )

Dozens of ships arrive each week in the Milford Haven Waterway, many bearing vast cargoes of crude oil and natural gas.  ( 36 min )

The Federal Reserve's interest rate hikes have taken a toll on some of the biggest bond market ETFs available to investors.  ( 20 min )

The WSJ guide on how to buy, finance, and find the car you want in 2023.  ( 21 min )

Chinese lenders will provide more than half of the US$3 billion debt that Uganda requires to build a crude oil pipeline after financiers from the West backed out following strong opposition from environmental groups. According to Uganda's Ministry of Energy and Mineral Development, the East African nation expects to finalise talks with the China Export & Credit Insurance Corporation (Sinosure) and the Export-Import Bank of China (Eximbank) by next month to finance the construction of the East Af  ( 35 min )

Carmakers face an escalating fight. Here’s what to watch for in the negotiations.  ( 27 min )

If a financial tremor comes along, investors might flee to FDIC-guaranteed deposits  ( 6 min )

(Bloomberg) -- With the northern hemisphere winter approaching and global diesel markets already tight, Russia has banned exports of the fuel that’s used for transportation, heating and industrial processes. Many analysts expect the halt to be temporary, but others see it as another example of Moscow weaponizing energy exports, as its invasion of Ukraine enters a 20th month. Most Read from BloombergChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseAI Fantasy Fades as Wall Street Reels  ( 36 min )

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Berkshire Hathaway now owns about $3 billion of the maker of personal computers, an 11.2% stake.  ( 22 min )

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Of the 50 U.S. states, 39 and the District of Columbia do not tax Social Security benefits.  ( 31 min )

These nine states impose no income tax on residents, but moving there may not save you money.  ( 31 min )

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(Bloomberg) -- The relentless selloff in Chinese stocks has made the market the worst performer in the world over the past three years. And that is exactly the reason some funds are looking to unearth pockets of value.Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King And Other Health Influencers Face Mounti  ( 33 min )

Je kent het vast: je vertelt aan anderen dat je graag iets wil hebben en even later zie je daarvoor een advertentie op Facebook of Instagram. Het lijkt alsof je wordt afgeluisterd, maar daar is volgens experts geen sprake van.  ( 4 min )

Vijftien jaar geleden had vrijwel niemand een Android-telefoon, nu de meeste mensen. Google kreeg de afgelopen jaren veel macht op de smartphonemarkt en moest daar soms voor boeten. De technologie blijft zich ontwikkelen. De volgende stap lijkt kunstmatige intelligentie.  ( 4 min )

De Europese Unie is "niet van plan zich los te koppelen" van China, maar moet zichzelf wel beschermen wanneer haar openheid wordt misbruikt. Dat heeft Valdis Dombrovskis, vicevoorzitter van de Europese Commissie, zaterdag gezegd tijdens een bijeenkomst in Shanghai.  ( 4 min )

De Britse premier Rishi Sunak overweegt maatregelen in te voeren die het op termijn onmogelijk moeten maken om nog legaal sigaretten te kopen. Dat meldt The Guardian op basis van overheidsbronnen.  ( 3 min )

De Fremantle Highway is zaterdagochtend in Rotterdam aangekomen, bijna twee maanden nadat op het vrachtschip brand uitbrak. Het schip vertrok donderdagmiddag uit de Groningse Eemshaven, waar het sinds begin augustus lag.  ( 3 min )

Arriva wil vanaf 2026 op tal van spoortrajecten in het land gaan rijden waar nu nog treinen rijden van NS. Het spoorbedrijf heeft daarvoor verzoeken ingediend bij de Autoriteit Consument & Markt (ACM), bevestigt een woordvoerder van Arriva na berichtgeving door de Volkskrant.  ( 3 min )

De Amerikaanse president Joe Biden gaat dinsdag naar Michigan om zijn steun te betuigen voor de staking bij de grote autofabrieken in Detroit. Zijn bezoek is bijzonder: het komt zelden voor dat een Amerikaanse president stakers bezoekt.  ( 4 min )

Actievoerders van Extinction Rebellion (XR) blokkeren al twee weken lang elke dag de A12. Dat blijven ze doen tot Nederland stopt met de fossiele steun aan het bedrijfsleven. Hoe realistisch is die eis?  ( 6 min )

The SEC fined Goldman Sachs $6 million for failing to provide complete and accurate trading information.  ( 1 min )

The SEC fined Citadel Securities $7 million for mismarking short sale and long sale orders over a five-year period.  ( 1 min )

Seagen shares jumped to an all-time high Friday after news that a joint late-stage trial of a combination of their experimental bladder cancer drug with Merck's Keytruda achieved positive results.  ( 1 min )

Amazon on Friday said Prime Video shows and movies will have limited advertisements starting in 2024, as the company seeks to boost profitability and continue investing in the platform.  ( 1 min )

AstraZeneca ADSs rose after reporting its experimental breast cancer treatment made with Japanese partner Daiichi Sankyo showed positive high-level results in a Phase 3 trial.  ( 1 min )

U.K. regulators gave preliminary approval of Microsoft’s $75 billion proposed acquisition of Activision and the United Auto Workers is threatening to expand its strike against the “Big Three” automakers if a deal isn’t reached. Here’s what investors need to know today.  ( 1 min )

The United Auto Workers expanded the scope of its strikes at GM and Stellantis plants, but not Ford amid reported progress in negotiations.  ( 1 min )

U.S. equities gave up early gains, with the S&P 500 falling 0.2% on Friday amid concerns about higher interest rates following this week's Fed comments.  ( 1 min )

U.S. equities advanced at midday on Friday, Sept. 22, 2023 after a U.S. government decision on chip funding, though the market was on track for a losing week.  ( 1 min )

The 10-year Treasury yield just breached 4.50%. Some market strategists see yields north of 5% coming into view.  ( 22 min )

The ninth month of the year is the S&P 500’s worst, but some signs suggest that it’s getting close to bouncing.  ( 22 min )

Wall Street research on Disney, Cisco Systems, Walmart, Walt Disney, Nike, and IBM  ( 21 min )

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James Dolan’s Sphere Entertainment looks undervalued, as do Madison Square Garden Entertainment and MSG Sports.  ( 22 min )

The Fed will push interest rates to 6%, which means more pain for the US economy, particularly small businesses, O'Leary said.  ( 33 min )

The civil trial, scheduled for Oct. 2, is in limbo while awaiting an appeals court ruling.  ( 27 min )

Millennials and Gen Zers push back on Mom and Dad’s ideas about what a strong work ethic looks like.  ( 22 min )

In Louisiana, a home could see a 48% plunge in value, and in Plaquemines Parish, a home could even lose 100% of its value.  ( 32 min )

The move is expected to improve the segment's operating income by approximately $50 million to $55 million in 2025, the tire manufacturer said, adding that the plan would also improve profitability in its Australia and New Zealand operations. Goodyear would also exit nine warehouse locations, a regulatory filing showed. The Ohio-based company said the approved plan that is part of its broader restructuring effort would be completed by the end of 2024.  ( 32 min )

Goldman Sachs analysts say that credit card losses are rising and expect they will continue to do so as late as 2025.  ( 18 min )

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The Bay Area saw some of its community banks move into the region's top 10 this year, based on the latest FDIC deposit data  ( 21 min )

UPS is leveraging artificial intelligence to prevent "porch pirates" from stealing consumers' packages after they are delivered and recommend the best options for successful deliveries.  ( 32 min )

Months after California's home insurance market was rattled by major companies pausing or restricting their coverage, the state's top regulator said Thursday that he would write new rules aimed at persuading insurers to continue doing business in the nation's most populous state. Seven of the 12 largest insurance companies by market share in California have either paused or restricted new policies in the state since last year. WHAT ARE THE RULES FOR INSURANCE COMPANIES?  ( 32 min )

The years of ultralow interest rates nurtured a variety of wacky investment ideas. That’s over now. Here’s our guide to some ordinary investments at agreeable prices.  ( 22 min )

Here's our weekly roundup of the most-read articles at Barron's Advisor.  ( 22 min )

Monthly dividend ETFs have become a popular investment category in recent years, and why not? Building a portfolio of dividend ETFs that pay you each month is a great way to build a diversified and predictable stream of passive income that will compound over time. The Amplify CWP Enhanced Dividend ETF (NYSEARCA:DIVO) is one interesting option in this class for investors to consider. DIVO’s dividend yield of 4.9% is not as high as some of the other popular names in the space, like the JPMorgan Pr  ( 34 min )

Shares of retailer Advance Auto Parts are in a second calendar year deeply in the red. Eugene Lee, interim executive chair, scooped up $500,000 of stock.  ( 22 min )

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Insurance registration data collected by Citi analyst Jeff Chung shows a decline in weekly sales of the company's EVs in China this month.  ( 21 min )

Car insurance companies often use age as a determinant in setting auto insurance rates. Here’s how car insurance rates vary by age.  ( 37 min )

It's never easy to figure out Wall Street, where bad news can be good for stocks or vice versa. Sometimes a stock can be flying high, only to have a well-known analyst spoil the party with a downgrade. The reverse also is true, as was the case this week with some healthcare real estate investment trusts (REITs). Over the past three trading days, healthcare REITs have been the worst-performing REIT subsector. Six healthcare REITs lost between 4% and 11.5%. Eleven more healthcare REITs are also in  ( 34 min )

The 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains.  ( 32 min )

What to make of the markets today? It seems that no matter where we look, the currents are pulling in two directions simultaneously. Recessionary forces, both inflation and higher interest rates, are running headlong into a remarkably resilient economy – but according to earnings results, we actually saw a mild recession early last year, and are in a recovery period. The conventional wisdom is no longer calling for a steep ‘double dip’ recession, but is predicting that growth will slow down shar  ( 36 min )

If China Evergrande can’t strike a new deal with creditors, the property giant will risk a liquidation.  ( 23 min )

In 2020, billionaire investor Ray Dalio famously claimed that "cash is trash." He later elaborated that cash is not safe because "it will be taxed by inflation." But as time passed, Dalio's view on cash has made a U-turn. "Temporarily, right now, cash I think is good ... and the interest rates are fine. I don't think it will be sustained that way," he said at the Milken Institute Asia Summit in Singapore last week. In the U.S., the Federal Reserve has implemented significant interest rate hikes  ( 34 min )

Medicare Advantage and Medigap are two options when Original Medicare doesn't provide the right amount of coverage. Find out about Medicare supplement plans.  ( 33 min )

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Stocks sold off for two days following the Federal Reserve meeting but one strategist believes higher interest rates might not be so bad for stocks.  ( 33 min )

Wall Street is less bullish about shares of agricultural-equipment maker Deere lately. Canaccord analyst Robert Burleson downgraded the stock Friday.  ( 22 min )

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The U.S. Federal Reserve has implemented 11 interest rate hikes in the last 18 months. While the Fed decided to leave its benchmark interest rates unchanged at its latest meeting, CNBC's Jim Cramer does not believe that the central bank is done with hawkish moves. "Labor's still tight, housing's tight, mortgage rates are high ... they've doubled and it hasn't affected housing at all. We have 3.8% unemployment, inflation rate close to 4% — the Fed's targeting 2%," Cramer said during Wednesday's "  ( 32 min )

(Bloomberg) -- Banks are paying up to protect their cash holdings from sinking further and to safeguard against future runs on deposits, according to Bank of America Corp. Most Read from BloombergChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseAI Fantasy Fades as Wall Street Reels From Real-World Rate JumpRaw Meat-Eating Liver King And Other Health Influencers Face Mounting LawsuitsWhy Can’t Americans Buy Cheap Chinese EVs?Treasuries Halt Fed-Fueled Rout as Stocks Struggle: Markets W  ( 33 min )

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After a two-day drop, 30-year mortgage rates have roared higher. Surging almost a quarter of a point, the 30-year average has now set a new 22-year high.  ( 20 min )

The U.S. stock market has seen robust growth in 2023, with the S&P 500 Index surging by 16%. But according to "Shark Tank" star Kevin O'Leary, it's not all sunshine and rainbows. "The S&P 500 employs 40% of America," he told Fox Business's Larry Kudlow in a recent interview. "Where the cracks are starting to show is in mainstream America where the car loans have gone from 5½% to 9½% and continue to go up." The U.S. Federal Reserve has implemented aggressive interest rate hikes to combat rampant  ( 34 min )

Berkshire Hathaway's per-share compounded annual gain from 1965 to 2022 was 19.8%. Learn about a few of his smartest recommendations for profitable stock investing.  ( 22 min )

Better bargains await in T-bills, REITs, BDCs, and energy stocks.  ( 22 min )

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One of the most important decisions in retirement is choosing how much to withdraw from your savings. You need to take out enough to meet your spending needs, but not so much that you end up running out of money. While there's no real consensus on a safe withdrawal rate, a recent report from Edward […] The post How Much Should I Withdraw From My Retirement Account? Edward Jones Says Start With These Percentages appeared first on SmartReads by SmartAsset.  ( 33 min )

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While shortages and insurance mix-up are a pain for patients, things are looking up for vaccine makers.  ( 22 min )

Shares of the chip-design company took off after its IPO. They have given up that gain, but investors should still be wary, according to Susquehanna.  ( 22 min )

Russia says the ban, which has no end date yet, is intended to replenish its own supply and reduce prices domestically.  ( 33 min )

In a research report published on Friday, JPMorgan analyst Christyan Malek upgraded the entire global energy sector to an overweight rating, warning that the recent surge in oil prices could potentially drive Brent crude prices as high as $150 a barrel by 2026. This prediction is based on factors such as capacity shocks in the near to medium term, an energy "supercycle", and an ongoing transition away from hydrocarbons.  ( 33 min )

The problem isn't the outlook for earnings at utilities and makers of consumer staples. Higher yields on Treasury debt are hurting the shares.  ( 22 min )

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Historically, the 10-year U.S. Treasury yield has peaked around the Federal Reserve's last hike of the cycle. That's coming soon.  ( 22 min )

In a big shift, anyone who took in more than $600 a year from reselling tickets could be in for a tax surprise.  ( 24 min )

Wayfair upgraded, Deere downgraded: Wall Street's top analyst calls  ( 33 min )

Wells Fargo is still trying to move beyond the 2016 fake account scandal. It's harder than it looks.  ( 30 min )

Overall, this year has seen a solid turnaround from last year’s losses. The S&P 500 and the NASDAQ are both showing year-to-date gains, of 16% and 27% respectively. That holds, even as the last few weeks have been disappointing; the S&P is down ~4% this month, and the NASDAQ is down 6%. One thing is clear: tech stocks powered the year’s gains, riding high on the surge of interest in artificial intelligence tech, AI, which burst into prominence with ChatGPT’s release last November. AI has transfo  ( 36 min )

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Citi analyst Ronald Josey has opened a '90-day Positive Catalyst Watch' on the social-media company's shares.  ( 22 min )

Researchers asked ChatGPT to rate itself on how well it could perform different job skills. It's responses were illuminating.  ( 32 min )

Canadian steel maker Stelco is considering a bid for United States Steel, Bloomberg News reported. That's odd.  ( 21 min )

The Russian leader has attempted to shield the worst effects of the war from his countrymen, but prices for the fuels have been reaching record levels domestically.  ( 33 min )

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The nation’s biggest automakers – and car buyers everywhere -- will learn Friday whether the United Auto Workers union will escalate its strike over a demand for higher wages, a shorter work week and other benefits. UAW President Shawn Fain is expected to announce whether the union will expand a weeklong strike that has so far been limited to three plants – one each at Ford, General Motors and Stellantis. Fain said earlier this week he would call on workers at more plants to strike unless there was significant progress in contract negotiations with the carmakers.  ( 35 min )

Chris Rondeau, former CEO of Planet Fitness, says he doesn't know why he was asked to step down.  ( 34 min )

The Vietnamese electric vehicle start-up reported a second-quarter net loss of about $514 million from sales of about $307 million.  ( 22 min )

↗️ Microsoft (MSFT), Activision Blizzard (ATVI): A modified deal by the software giant to buy the videogame publisher was [cleared by the U.K.'s antitrust authority](https://www.wsj.com/tech/mic  ( 23 min )

Exxon Mobil Corp. (NYSE:XOM) is poised to benefit from a substantial 30% rise in oil prices in Q3, with futures for West Texas Intermediate (WTI) oil for November 2023 escalating from $69.23 per barrel on June 23 to around $90 currently. This increase could potentially trigger a significant rise in Exxon's stock.  ( 33 min )

European Union antitrust enforcers slapped Intel on Friday with a fresh $400 million fine in a long-running legal fight that the chipmaker appeared to have won last year. The European Commission imposed the 376.4 million-euro fine after a court threw out an original 1.06 billion-euro penalty issued in 2009 over allegations that the Santa Clara, California-based company used illegal sales tactics to shut out smaller rival AMD. The commission, the 27-nation bloc's top antitrust watchdog, accused Intel of abusing its dominant position in the global market for x86 microprocessors with a strategy to exclude rivals by using rebates and sales restrictions.  ( 32 min )

The Federal Reserve's forecast of elevated rates in years to come could place more pressure on banks to rely on expensive brokered deposits known as 'hot money.'  ( 35 min )

“I don’t think I’ve discovered fire," Rowan says, sipping a barista cappuccino from a paper cup. "I think we’re just logically looking at trends, and we’ve picked a really, really big market that’s got the best future in the world of credit.”  ( 41 min )

Investors are left in a tough situation after an illuminating press conference where Fed Chair Jerome Powell poured cold water on optimists.  ( 34 min )

(Bloomberg) -- The Luksic family, South America’s wealthiest with a combined fortune of about $25 billion, is reaping the benefits of a bet on global shipping and port logistics more than a decade after it first entered the industry.Most Read from BloombergEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseMcCarthy Ambushed as Republican Hardliners Change Course on S  ( 34 min )

The United Auto Workers union has threatened to expand its strike against the Big Three automakers on Friday, Microsoft’s acquisition of Activision Blizzard is closer to being cleared, and Scholastic falls sharply after a wider-than-expected loss.  ( 22 min )

History suggests that the central bank’s expected scenario isn’t likely to happen.  ( 27 min )

The U.K. regulator said a new restructured deal substantially addresses its concerns over cloud gaming.  ( 22 min )

(Bloomberg) -- Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to file for its Hong Kong initial public offering as soon as next week, according to people familiar with the matter, potentially making it among the first of the Chinese tech firm’s units to go public.Most Read from BloombergEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsMcCarthy Ambushed as Republican Hardliners C  ( 33 min )

(Bloomberg) -- Chinese stocks rallied Thursday, running against the grain of declines across the region, while the 10-year Treasury yield touched the highest level in 16 years in a sign investors expect higher US interest rates to endure.Most Read from BloombergEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsMcCarthy Ambushed as Republican Hardliners Change Course on Spending PlanWall Street Trading Roiled by ‘Post-Fed Han  ( 34 min )

(Bloomberg) -- Investors are dumping equities at the fastest pace since December as the prospect of higher-for-longer interest rates raises the risk of a recession, Bank of America Corp. strategists say.Most Read from BloombergEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsMcCarthy Ambushed as Republican Hardliners Change Course on Spending PlanChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseWall Street Tradin  ( 33 min )

When Lachlan Murdoch, the eldest son of media titan Rupert Murdoch, was named the sole chairman of News Corp Thursday, the announcement put to rest immediate questions about who will run News Corp and Fox Corp: a sprawling media empire that includes some of the most powerful brands in the world. But the executive transition does not settle another potential power play that could occur upon Rupert Murdoch’s death, as framed by a document called the Murdoch Family Trust. It is the vehicle through which the elder Murdoch controls News Corp and Fox Corp, through a roughly 40% stake in voting shares of each company.  ( 32 min )

Historically, the 10-year U.S. Treasury yield has peaked around the Federal Reserve's last hike of the cycle. That's coming soon.  ( 22 min )

His comments came after the U.S. Federal Reserve held interest rates steady but stiffened a hawkish monetary policy stance that its officials increasingly believe can succeed in lowering inflation without wrecking the economy or leading to large job losses. "The long-term inflation rate is not going back to 2% no matter how many times Chairman Powell reiterates it as his target," Ackman said in a post on social media platform X, formerly known as Twitter. With autoworkers on strike, Ackman pointed to inflationary pressure from potential increases in workers' wages.  ( 31 min )

(Bloomberg) -- Bill Ackman remains short bonds and expects long-term rates to rise further amid increasing government debt, higher energy prices and the cost of shifting to green power.Most Read from BloombergEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsMcCarthy Ambushed as Republican Hardliners Change Course on Spending PlanWall Street Trading Roiled by ‘Post-Fed Hangover’: Markets Wrap‘Dead Space’ Co-Creator Departs S  ( 31 min )

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Find out how stagflation is measured, what factors contribute to it, and how to protect your finances.  ( 23 min )

A broad form property damage endorsement removes the exclusion of property under the care of the insured in a contractor's general liability policy.  ( 19 min )

It is possible to get a $100,000 personal loan, but it’s difficult. Even the best personal loan providers don’t typically offer loans of more than $50,000.  ( 22 min )

With instant personal loans, you may be able to get your funds on the same day you apply for the loan. However, a number of factors can delay the process.  ( 22 min )

Today's best CD rate is 5.80%, available from Credit Human for a take-your-pick term between 12 and 17 months, or from The Federal Savings Bank for a 1-year term.  ( 19 min )

Universal healthcare coverage systems are set up to ensure that all legal residents of a given jurisdiction have health insurance.  ( 22 min )

Goldman Sachs analysts say that credit card losses are rising and expect they will continue to do so as late as 2025.  ( 17 min )

The SEC fined Citadel Securities $7 million for mismarking short sale and long sale orders over a five-year period.  ( 16 min )

The Big Mac index was created by The Economist to measure purchasing power parity between nations, using the price of a Big Mac as the benchmark.  ( 22 min )

U.S. equities gave up early gains, with the S&P 500 falling 0.2% on Friday amid concerns about higher interest rates following this week's Fed comments.  ( 16 min )

IOTA's network was hacked in 2018, and $4 million of its cryptocurrency, MIOTA, was stolen. Here's what the developers recommend for keeping your crypto safe.  ( 20 min )

The remarks by two officials followed a meeting Wednesday in which the central bank held the fed funds rate steady, maintaining a 22-year high.  ( 19 min )

If lawmakers don’t pass a budget or extend the deadline to do so, the government could shut down on Oct. 1—hurting the economy in several ways, some of them not so obvious.  ( 20 min )

Explore the pros and cons of using a personal loan to fund your education. Discover whether taking on debt is a wise choice for your academic journey in this insightful article.  ( 24 min )

The Commerce Department released its final guidelines for Chips Act funding designed to make sure that up to $52 billion in federal incentives don’t wind up benefiting China or other competitor nations.  ( 18 min )

A Roth IRA conversion moves your assets out of your traditional IRA or employer-sponsored plan and into a Roth IRA. It sets you up for tax-free withdrawals.  ( 29 min )

The SEC fined Goldman Sachs $6 million for failing to provide complete and accurate trading information.  ( 17 min )

The S&P 500 Index (Standard & Poor's 500 Index) is a market-capitalization-weighted index of the 500 leading publicly traded companies in the U.S.  ( 27 min )

When buying a second home, you may need vacation home insurance. Learn how second home insurance works and when you need it.  ( 22 min )

Chartered Marketing Analyst (CMA) is a certificate awarded by the GAFM Global Academy of Finance and Management.  ( 19 min )

Medicare Advantage and Medigap are two options when Original Medicare doesn't provide the right amount of coverage. Find out about Medicare supplement plans.  ( 33 min )

A CFPB proposal could remove medical bills from Americans’ credit reports. If finalized, the change could make it easier for Americans with medical debt to take out loans and receive credit cards.  ( 17 min )

A ceiling is the maximum permitted level in a financial transaction. The term can be applied to a variety of factors from debt to interest rates and credit limits.  ( 21 min )

The Obelisk consensus algorithm uses different network nodes for consensus and block creation. Learn more about it and how it works.  ( 21 min )

An equalization payment is usually made to a state, province, or individual from the federal government to offset economic or fiscal imbalances.  ( 20 min )

A stockbroker is an agent or firm that charges a fee or commission for executing buy and sell orders for an investor.  ( 24 min )

Opening an automated investing account is an essential step in being able to simplify wealth-building. Learn what you need to open an account with an automated investment platform and how to do it.  ( 25 min )

U.S. equities advanced at midday on Friday, Sept. 22, 2023 after a U.S. government decision on chip funding, though the market was on track for a losing week.  ( 16 min )

A bull call spread is an options strategy designed to benefit from a stock's limited increase in price.  ( 32 min )

The United Auto Workers expanded the scope of its strikes at GM and Stellantis plants, but not Ford amid reported progress in negotiations.  ( 17 min )

A real estate agent is a licensed professional who represents buyers or sellers in real estate transactions.  ( 26 min )

After a two-day drop, 30-year mortgage rates have roared higher. Surging almost a quarter of a point, the 30-year average has now set a new 22-year high.  ( 19 min )

The K-Percent Rule, proposed by economist Milton Friedman, states that the central bank should increase the money supply by a set percentage every year.  ( 19 min )

Seagen shares jumped to an all-time high Friday after news that a joint late-stage trial of a combination of their experimental bladder cancer drug with Merck's Keytruda achieved positive results.  ( 17 min )

Berkshire Hathaway's per-share compounded annual gain from 1965 to 2022 was 19.8%. Learn about a few of his smartest recommendations for profitable stock investing.  ( 22 min )

How does the Federal Reserve System affect ordinary citizens? In more ways than you might realize.  ( 20 min )

AstraZeneca ADSs rose after reporting its experimental breast cancer treatment made with Japanese partner Daiichi Sankyo showed positive high-level results in a Phase 3 trial.  ( 17 min )

Both the law of diminishing marginal returns and returns to scale measure output as a result of changes in input.  ( 21 min )

A pure play is a company that invests in one line of business, so its stock performance correlates highly to the performance of its sector.  ( 21 min )

Amazon on Friday said Prime Video shows and movies will have limited advertisements starting in 2024, as the company seeks to boost profitability and continue investing in the platform.  ( 18 min )

American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.  ( 21 min )

The European Economic Area (EEA) Agreement is an agreement made in 1992 that brought together the European Union (EU).  ( 23 min )

When the terms premium and discount are used for bonds, they are telling investors whether the purchase price of the bond is above or below its par value.  ( 26 min )

Find out whether a fund's performance is a result of the manager's abilities or just a fluke.  ( 24 min )

High consumer appetite, especially for the more expensive models of iPhone 15 during holiday season, eases concerns about the slump in the global smartphone market.  ( 18 min )

Tax-free spinoff refers to a corporate action in which a publicly traded company spins off one of its business units as an entirely new company.  ( 20 min )

Microsoft's modified proposal to win regulatory approval for its plan to buy Activision Blizzard was provisionally accepted by the U.K.'s Competition and Markets Authority.  ( 18 min )

Retirement planning is tricky, especially if you don't have a 401(k). Good news: There are plenty of other ways to save, including through a Roth IRA or a brokerage account.  ( 25 min )

U.K. regulators gave preliminary approval of Microsoft’s $75 billion proposed acquisition of Activision and the United Auto Workers is threatening to expand its strike against the “Big Three” automakers if a deal isn’t reached. Here’s what investors need to know today.  ( 19 min )

Not all doctors accept Medicare for the patients they see. Here are five options to consider if you find out your doctor doesn’t take it.  ( 26 min )

There are four Medicare parts: A, B, C, and D. Learn what each Medicare part covers—including hospital, medical, and prescription drug coverage.  ( 27 min )

Don’t pay for a plan that won’t cover your pearly whites when you need it to.  ( 23 min )

Pink slip is a vernacular term that refers to a notice of dismissal given to an employee.  ( 22 min )

The Medicare hold harmless provision keeps Social Security benefits from decreasing year over year as a result of higher Medicare Part B premiums.  ( 24 min )

Tariffs are used and levied by domestic governments to protect domestic industries.  ( 21 min )

De Tweede Kamer heeft besloten de accijnsverhoging van januari 2024 met een jaar uit te stellen. Daarmee willen Kamerleden voorkomen dat de prijzen aan de pomp de pan uit rijzen. Toch vind je in Nederland de duurste benzine van Europa. Hoe zit dat?  ( 3 min )

De vrijdag begonnen stakingen bij autofabrieken van General Motors (GM) en Stellantis in de Verenigde Staten worden uitgebreid. Daarmee wordt het werk neergelegd in nog eens 38 fabrieken, verspreid over twintig Amerikaanse staten.  ( 3 min )

Piloten van KLM hebben aangekondigd dat ze maandag één uur gaan staken op luchthaven Schiphol. Met de actie willen ze KLM onder druk zetten voor betere arbeidsvoorwaarden.  ( 5 min )

De James Webb-telescoop heeft op de Jupitermaan Europa koolstof gevonden. Dat is een belangrijk element dat leven mogelijk maakt. Maar hoe kan de ruimtekijker op zo'n grote afstand zien welke stoffen op andere planeten en manen aanwezig zijn?  ( 3 min )

ING en ABN AMRO zijn vrijdag onderuitgegaan op de Amsterdamse beurs. Dat gebeurde nadat de Tweede Kamer het voorstel om de bankenbelasting te verhogen had goedgekeurd. De opbrengst van die belasting wordt gebruikt om huishoudens met lagere inkomens te steunen.  ( 5 min )

Inwoners van Wijk aan Zee leven gemiddeld 2,5 maand korter door de huidige uitstoot van Tata Steel, blijkt vrijdag uit nieuw onderzoek. Daarin legt het RIVM een direct verband tussen de uitstoot van de staalfabriek in IJmuiden en de gezondheid van omwonenden.  ( 8 min )

ING en ABN AMRO zijn vrijdag onderuitgegaan op de Amsterdamse beurs. Dat gebeurde nadat de Tweede Kamer het voorstel om de bankenbelasting te verhogen had goedgekeurd. De opbrengst van die belasting wordt gebruikt om huishoudens met lagere inkomens te steunen.  ( 4 min )

Inwoners van Wijk aan Zee leven gemiddeld 2,5 maand korter door de huidige uitstoot van Tata Steel, blijkt vrijdag uit nieuw onderzoek. Daarin legt het RIVM een direct verband tussen de uitstoot van de staalfabriek in IJmuiden en de gezondheid van omwonenden.  ( 8 min )

De proef waarbij huurders extra geld kunnen lenen om voor dezelfde maandlasten over te stappen naar een koophuis is beëindigd. Door de stijgende hypotheekrente is het voor veel duurhuurders helemaal niet meer voordeliger om de overstap te maken, ook niet met een beetje hulp.  ( 5 min )

De soap rond de miljardenboete die de Europese Unie in 2009 aan Intel oplegde voor concurrentievervalsing is nog niet voorbij. Die boete werd in 2022 nietig verklaard, maar de EU legt Intel nu een boete van 376 miljoen euro op.  ( 4 min )

Het zijn goede tijden voor wie een huis wil kopen in Duitsland. Bij de oosterburen zijn de prijzen in een jaar tijd met 9,9 procent gezakt. Het is de grootste daling sinds het begin van de metingen in 2000.  ( 3 min )

De rechtbank in Amsterdam heeft BCC failliet verklaard. Vorige week werd al duidelijk dat het slecht ging met het bedrijf en donderdag werd bekend dat de elektronicaketen faillissement heeft aangevraagd.  ( 3 min )

Door een stijging van de lonen en uitkeringen konden we afgelopen kwartaal 1,4 procent meer uitgeven dan een jaar eerder. Dat meldt statistiekbureau CBS, die daarbij rekening houdt met de inflatie.  ( 3 min )

Minder studenten hebben dit jaar een lening aangevraagd om te kunnen studeren. De studenten die dat wél doen, lenen veel minder.  ( 4 min )

De Nederlandse economie kromp vorig kwartaal met 0,2 procent. Dat is iets minder dan de 0,3 procent die statistiekbureau CBS eerder naar buiten bracht. Dit kwam vooral doordat er meer internationale handel was dan eerder becijferd.  ( 3 min )

Onderzoekers zijn enthousiast over een vondst op de maan Europa, een van de manen van Jupiter. De James Webb-telescoop vond daar koolstof, een belangrijke voorwaarde voor leven, schrijft de Europese ruimtevaartorganisatie ESA.  ( 3 min )

Door een stijging van de lonen en uitkeringen konden we afgelopen kwartaal 1,4 procent meer uitgeven dan een jaar eerder. Dat meldt statistiekbureau CBS, die daarbij rekening houdt met de inflatie.  ( 3 min )

Minder studenten hebben dit jaar een lening aangevraagd om te kunnen studeren. De studenten die dat wél doen, lenen veel minder.  ( 4 min )

De Nederlandse economie kromp vorig kwartaal met 0,2 procent. Dat is iets minder dan de 0,3 procent die statistiekbureau CBS eerder naar buiten bracht. Dit kwam vooral doordat er meer internationale handel was dan eerder becijferd.  ( 3 min )

The collapse in demand for commercial office space spawned by the pandemic-related rise in "work from home" led real estate investor W.P. Carey to exit the business entirely.  ( 1 min )

Microsoft has announced that its AI-driven "Copilot" tool is set to ship to users in the next two weeks for $30 per month.  ( 1 min )

CrowdStrike Holdings boosted its outlook for subscription gross margin and operating margin over the next three to five years as demand for protections against cyber attacks grows.  ( 1 min )

Shares of Raymond James Financial declined after the financial firm reported a drop in client assets under management in August, which it blamed on falling stock prices.  ( 1 min )

Broadcom shares dipped on news Google could move to in-house TPUs as early as 2027 as the scramble for AI market share intensifies.  ( 1 min )

Tesla and foreign automakers could gain from the Big Three’s losses amid the UAW strike, according to Wedbush analysts.  ( 1 min )

FedEx shares jumped after its earnings beat expectations on cost cutting efforts and KB Home moved lower after it reported declining revenue despite beating earnings estimates. Here’s what investors need to know today.  ( 1 min )

U.S. equities sank at midday on Thursday, Sept. 21, 2023 after the Fed suggested interest rates would likely remain higher for longer and weekly unemployment claims dropped.  ( 1 min )

U.S. equities tumbled, with the S&P 500 falling 1.6% on Thursday, Sept. 21, 2023 amid concerns about rising interest rates following the Fed's comments Wednesday indicating that interest rates could stay higher for longer.  ( 1 min )

In recent years, the online content subscription platform OnlyFans has seen a meteoric rise in popularity, transforming the way creators monetize their content and, in the process, creating a new generation of high earners and millionaires. With fortunes made in a matter of months, many of these content creators are now seeking savvy investment opportunities to grow and secure their wealth. In this article, we’ll explore where these OnlyFans stars are choosing to invest their money, including re  ( 32 min )

A federal judge in Texas on Thursday rejected a bid by 25 states to block a Biden administration rule allowing employee retirement plans to consider environmental, social and governance (ESG) issues in investment decisions. U.S. District Judge Matthew Kacsmaryk in Amarillo, Texas, declined to block the rule, which took effect Jan. 30. The judge granted a petition by President Joe Biden's administration to dismiss the Republican-led states' lawsuit claiming the rule will jeopardize millions of Americans' retirement savings.  ( 31 min )

Energy investors don’t share the enthusiasm of hedge funds and speculators, which have become the most bullish in nearly two years as oil equities are lagging behind soaring crude prices.  ( 34 min )

Today's best CD rate is 5.80%, available from either The Federal Savings Bank for a 1-year term or Credit Human for a take-your-pick term between 12 and 17 months.  ( 21 min )

The U.S. Treasury Department’s sanctions enforcer said a 3M subsidiary sold products to a German reseller knowing they were destined for an Iranian customer.  ( 26 min )

Several factors can shrink your monthly Social Security benefits payment. Here are three of the most common.  ( 27 min )

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Speculators have amassed $600 billion in net short positions in U.S. Treasury futures, a leveraged trade that poses possible wider bond market risks if there's a government shutdown.  ( 20 min )

Media magnate Rupert Murdoch on Monday announced that he would be stepping down as the leader of both Fox News' parent company and his News Corp media holdings — with his son, Lachlan, set to take his place. Through his decades-long career, Murdoch, 92, built an empire — beginning with his father's newspaper in Adelaide, Australia — and became a multibillionaire. In the U.S., his creation of Fox News has notably influenced American politics, making Murdoch a hero to some and pariah to others.  ( 38 min )

The Detroit automakers aren't the runaway profit machines striking workers claim them to be.  ( 35 min )

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Arm Holdings' stock on Thursday dipped for the first time below its initial public offering price, while short sellers appeared to be betting against the chip designer just a week after its Wall Street debut. Dropping for a fifth straight session, shares of SoftBank-controlled Arm closed down 1.4% at $52.16 after sinking as low as $49.85, well below the $51 price set in its IPO on Sept. 13. Shares of Klaviyo which debuted on Wall Street on Wednesday, finished up 2.9% at $33.72 versus the marketing automation firm's $30 IPO price.  ( 32 min )

Baby boomers' stocks and houses gained value for years due to low interest rates, and now they can earn 5% from Treasury bills, Larry McDonald said.  ( 32 min )

US stocks continued their retreat on Thursday as investors worried over the Fed's hawkish stance.  ( 45 min )

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A U.S. judge on Thursday restricted Sam Bankman-Fried's ability to call expert witnesses to testify at his criminal fraud trial, in a blow to the FTX cryptocurrency exchange founder. Bankman-Fried wanted to call seven experts on topics such as cryptocurrency markets and English contracts, to convince jurors to acquit him of stealing billions of dollars in FTX customer funds to plug losses at his Alameda Research hedge fund. But in a written order, U.S. District Judge Lewis Kaplan said three proposed witnesses cannot take the stand, because their testimony was irrelevant or could confuse the jury.  ( 31 min )

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CS Disco CEO, Kiwi Camara, has been ousted after allegedly groping a young female worker and shoving meat into her face.  ( 33 min )

Two long-delayed refineries outside the U.S. are set to ramp up production, pumping out about 1 million more barrels a day of fuel.  ( 33 min )

(Bloomberg) -- Hedge fund billionaire John Paulson used a sham purchase of a luxury penthouse apartment in Puerto Rico to improperly enrich himself by $10 million at the expense of his family trust, his wife claims in a suit accusing him of hiding billions of dollars in assets during their divorce.Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Ga  ( 33 min )

Investors should watch the $260 level for the EV maker's share price. A close below that could mean additional declines.  ( 22 min )

The deal will immediately boost earnings—and it provides some new growth options for Splunk.  ( 22 min )

The Federal Reserve's expectations that the U.S. economy will continue to expand and necessitate additional interest rate hikes to combat inflation prompted HSBC to raise its year-end forecast for 10-year U.S. Treasury yields to 3.5% from 3%, strategists at the bank wrote in a note on Thursday. "At a time when the Fed remains hawkish with the support of recent GDP data, there is pressure for short-dated bond yields to remain elevated, and this affects the whole curve," wrote the firm's analysts, led by Steven Major, the global head of fixed income. The firm expects 10-year Treasury yields to end 2024 at 3%.  ( 32 min )

The current strike will likely reset the domestic bar on labor costs.  ( 22 min )

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US stocks were poised to continue their retreat on Thursday as investors worried over the Fed's hawkish stance.  ( 40 min )

Massive net-lease REIT W.P. Carey plans to exit the office space – and it may just create some opportunities in Dallas-Fort Worth and across Texas.  ( 20 min )

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Shares of British chip designer Arm slipped below their IPO price of $51 in midday as the broader stock market also declined. It’s been one week since Arm’s stock market debut, when the stock soared 25%. Since then, t  ( 23 min )

Even by the standards of electric-vehicle startups, the $40 billion market value of Vietnamese electric-vehicle startup VinFast is wild. The good news for investors is that the stock is about to get easier to be  ( 24 min )

The $19 billion transaction was was approved at a unit holder meeting Thursday, despite some investor opposition to the deal.  ( 22 min )

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The latest leg lower in U.S. stock prices has put them in a danger zone that could trigger so-called "mechanical selling" pressure and accelerate a downside move, according to Nomura strategist Charlie McElligott. U.S. equities tumbled on Thursday, as surging Treasury yields pressured growth stocks a day after the Federal Reserve signaled another rate hike coming this year and stiffened its hawkish stance. On Wednesday, the S&P 500 dropped to 4,401.38, near a a four-week low, putting the index on the verge of setting off a deluge of "mechanical selling", or stock selling by options dealers and certain trend-following investors, including commodity trading advisors (CTAs), Nomura’s McElligott said.  ( 33 min )

The sale had come under scrutiny with one of the top holders in Magellan, Energy Income Partners LLC, saying in June that it would vote against the deal, due to a burdensome tax structure. Independent proxy advisory firms Glass Lewis & Co and ISS had recommended a vote in favor of the sale. Magellan, in its proxy, cautions that the merger is not conditioned on the compensation vote and that if the acquisition is approved, the executive compensation is payable.  ( 32 min )

Some of the shine is wearing off shares of Nvidia and other U.S. semiconductor companies after a stunning 2023 rally, as investors weigh steep valuations, rising Treasury yields and signs of industry unease. Chip stocks soared to start the year, with the Philadelphia SE Semiconductor index rising over 50% through July. No stock symbolized the chip industry's success more than Nvidia, whose shares tripled in 2023 as the company's market value topped $1 trillion, driven by excitement over the central role of the company's products in artificial intelligence applications.  ( 33 min )

(Bloomberg) -- Bond investors’ pain isn’t over yet, even though the Federal Reserve is done raising interest rates, said Bill Gross, the former chief investment officer of Pacific Investment Management Co.Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldIn an investment outl  ( 32 min )

Cisco is pulling the trigger on a huge deal. It's not worried about the Fed.  ( 33 min )

The S&P 500's monthslong drop turned into a nosedive in the past week. The index could tumble 7% to 4075.  ( 22 min )

Sales of previously owned homes declined 0.7% in August from the month prior to an annualized rate of 4.04 million.  ( 33 min )

Shares of Cisco Systems fell nearly 4% in early trading after the networking-equipment company announced a $28 billion deal to buy analytics-and-security software company Splunk. Splunk  ( 22 min )

Enphase Energy upgraded, Brighthouse downgraded: Wall Street's top analyst calls  ( 35 min )

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Net worth is the difference between your assets – what you own – and your liabilities – what you owe. This figure represents your financial health at a given point in time, providing a snapshot of your current financial position. But understanding the distinction between average net worth and median net worth is crucial when […] The post Average vs. Median Net Worth appeared first on SmartReads by SmartAsset.  ( 34 min )

Drivers are starting to feel the pain at the pump again amid supply cuts from Saudi Arabia and Russia. But China, the world’s top crude importer, will have a say too.  ( 27 min )

Since coming on the scene, cryptocurrencies have fired the imaginations of online traders, currency speculators, and mathematicians alike. The leading digital currency, bitcoin, is currently priced at approximately $26,550 per coin, representing a ~60% increase year-to-date. And it looks like bitcoin will see a strong upward pressure on that price over the next year. The bitcoin algorithm has a built-in halving mechanism, whereby the reward given to miners for solving a blockchain link is cut in  ( 35 min )

(Bloomberg) -- Oil erased an earlier decline after Russia said it would ban gasoline and diesel exports from Thursday. Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldBrent futures traded little changed above $93 after earlier falling as much as 1.4%. Diesel futures in Euro  ( 32 min )

Networking-equipment giant Cisco Systems has struck a $28 billion deal to buy analytics and security software company Splunk.  ( 27 min )

Seaport analyst Tom Curran upgraded shares of solar-tech firm Enphase to Buy from Neutral, and set a $185 price target—about 50% above the current market price.  ( 22 min )

Cisco is buying the cybersecurity firm Splunk in a $28 billion deal as it bolsters its defenses against potential security threats that may be heightened by the widening use of artificial intelligence. The Silicon Valley tech giant will pay $157 per Splunk Inc. share. “Our combined capabilities will drive the next generation of AI-enabled security and observability,” Cisco Chair and CEO Chuck Robbins said in a prepared statement.  ( 32 min )

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Cisco Systems will acquire the cybersecurity and data analytics company for $157 a share in cash.  ( 22 min )

Investors are always eager to hear that a stock in their portfolio has announced a dividend increase. For income investors, it means a monthly or quarterly raise. For investors who are also concerned with growth, such dividend hikes can portend an increase in future earnings. A dividend increase often indicates that the company's board of directors has faith that future earnings can cover the dividend hike comfortably. In addition, a dividend increase often makes the stock more attractive to inv  ( 34 min )

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Cisco Systems said on Thursday it would acquire cybersecurity company Splunk for about $28 billion. Cisco's offer price of $157 per share in cash, represents a premium of about 31% to Splunk's closing price on Wednesday. Upon the closing of the deal, Splunk CEO Gary Steele will join Cisco's executive leadership team reporting to Cisco CEO Chuck Robbins.  ( 31 min )

Google executives have had extensive discussions about dropping Broadcom as a supplier of artificial-intelligence chips as early as 2027, according to a report.  ( 22 min )

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US stocks were poised to continue their retreat on Thursday as investors worried over the Fed's hawkish stance.  ( 35 min )

US stocks were poised to continue their retreat on Thursday as investors worried over the Fed's hawkish stance.  ( 33 min )

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A major change coming in 2027 could boost the retirement savings of millions of lower- and middle-income Americans. The federal government will start matching 50% of retirement account contributions up to $2,000 per year through the new Saver’s Match program. This money injects funds directly into savers’ accounts rather than simply reducing tax bills. For […] The post The Federal Government Will Match Your Retirement Plan Savings By 50%. Here's Who Qualifies. appeared first on SmartReads by Sma  ( 33 min )

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Rate-sensitive stocks including Apple, Meta Platforms, Alphabet, and Nvidia fell between 0.5% and 1.5% in premarket trading as the two-year and 10-year Treasury yields scaled multi-year highs. The U.S. central bank delivered a widely anticipated pause on Wednesday and revised economic projections higher with warnings that the battle against inflation was far from over, prompting a weak session for Wall Street. The Fed's updated quarterly projections showed chances of the key rate being lifted one more time in 2023 to a peak range of 5.50%-5.75% and significantly tighter rates through 2024 than previously expected.  ( 33 min )

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NextEra Energy's $5.4 billion retirement plan for employees has suffered about half a billion dollars in losses this year as outsized bets on company stock soured, reflecting ongoing risks of corporate 401(k) policies that encourage concentrated positions in company shares. America’s largest renewable power company is among several U.S. energy and utility companies, including Exxon and Southern Company, that continue to promote big, concentrated bets on company stock in worker retirement plans. A Reuters analysis of retirement policies and stock performance data, along with interviews with retirement and finance experts, show a small but prominent corner of Corporate America still plays a risky game with company stock in employee benefit plans even after high-profile corporate implosions like the $63 billion Enron collapse.  ( 35 min )

FedEx reports better-than-expected fiscal first-quarter earnings, Klaviyo shares decline after the stock rises 9% in its trading debut, and KB Home posts an earnings beat and raises its fiscal-year revenue forecast.  ( 22 min )

The Fed kept rates steady on Wednesday but suggested a less friendly outlook for investors betting on the central bank starting to back off its efforts to bring inflation down.  ( 34 min )

(Bloomberg) -- Canada, home to the world’s third-largest crude deposits, is poised to reshuffle global oil flows next year.Most Read from Bloomberg‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsCanada Pulls Diplomats, India Suspends Visas in Escalating FightPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingThe nearly completed expansi  ( 35 min )

The family of a man who died after driving his car off a collapsed bridge while following directions from Google Maps is suing the technology giant for negligence.  ( 32 min )

Alphabet-owned Google's executives have discussed dropping Broadcom as a supplier of artificial intelligence (AI) chips as early as 2027, The Information reported on Thursday.  ( 31 min )

U.S. stock markets were set to retreat on Thursday, continuing the previous day’s fall as investors interpreted the Federal Reserve as putting out a hawkish message alongside its decision to hold rates steady. Dow Jones Industrial Average futures were down 80 points, or 0.2%. S&P 500 futures droppe  ( 11 min )

(Bloomberg) -- Stocks in Asia fell and the dollar strengthened Thursday after the Federal Reserve signaled interest rates will be higher for longer.Most Read from Bloomberg‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingFed Set to Pause Rate Hikes, But Don’t Count Out Another IncreaseStocks Fall as Yields Rise on Fed’s ‘Hawkish Skip’: Markets WrapBe  ( 34 min )

An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin's 87% drop on Binance.US in 2021.  ( 32 min )

Utilities have been staggered by rising bond yields and interest rates. Now we’re closer to the end of that regime than the beginning.  ( 22 min )

As China's stock market struggles to recover, regulators have started to probe some hedge funds and brokerages on quantitative trading strategies amid a growing outcry against a sector able to profit from share price falls and volatility, sources said. The China Securities Regulatory Commission (CSRC) has checked with several major brokers over the past weeks about short-selling activities and trading strategies of their quant clients - funds that trade rapidly using derivatives and data-driven computer models, two people with direct knowledge of the probe said. Separately, the Shanghai and Shenzhen stock exchanges, under the CSRC's guidance, have sought information from major quant funds on their money-making strategies, another source said.  ( 32 min )

Four years after it was created, Truist Financial is finally dealing with the issues that have damaged it. The case for investing now.  ( 21 min )

(Bloomberg) -- While Chinese tech companies have long harbored ambitions to move into the electric car industry, EV upstart Nio Inc. has gone the other way — on Thursday releasing its first mobile phone. Most Read from Bloomberg‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingFed Set to Pause Rate Hikes, But Don’t Count Out Another IncreaseNearly Half of All Young Adults Live With Mom and Dad — and They Like ItSto  ( 33 min )

Shares of companies that treat everything from Type 2 diabetes to sleep apnea have been sinking since new weight-loss medications skyrocketed.  ( 27 min )

Chinese electric vehicle maker Nio Inc launched its first mobile phone on Thursday, in hopes that better software and connectivity will boost the appeal of its EV cars amid a fierce price war in China. Chief Executive William Li, a big driver of the project, unveiled the Nio Phone in the commercial capital of Shanghai, highlighting features such as the ability to control multiple cars with one device, or to unlock a car even when switched off. Plans for the device had fuelled concern among some investors, however, as Nio doubled down on investment in self-developed technologies for key components such as chips and batteries, despite rising losses amid the pricing battle.  ( 32 min )

(Bloomberg) -- Apple Inc.’s major suppliers in Taiwan suffered another double-digit sales decline in August as weak consumer demand dragged down the wider electronics industry.Most Read from BloombergPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the Making‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsFed Set to Pause Rate Hikes, But Don’t Count Out Another IncreaseStocks Fall as Yields Rise on Fed’s ‘H  ( 32 min )

Discover how Warren Buffett spends his multibillion-dollar fortune and amassed his $134 billion net worth, which grew by over $16 billion this year.  ( 37 min )

The onset of multiple rate hikes by the Federal Reserve in the early spring of 2022 has proven to be a difficult headwind for interest-sensitive assets such as real estate investment trusts (REITs) to overcome. Two reasons REITs struggle in rising interest rate environments are that borrowing money to fund acquisitions becomes more expensive, and Treasury bonds and CDs become lower-risk alternatives for investors seeking income. With the Federal Reserve scheduled to meet this week, you might not  ( 34 min )

Debt-free co-workers say they made sacrifices and smart choices, and they have little patience for sob stories.  ( 22 min )

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Here's what United Auto Workers members make, plus CEO compensation of the Detroit 3 execs.  ( 33 min )

Explore gold mine grading, what defines a high-grade gold mine, and where the highest-graded mines in the world are found.  ( 21 min )

A qualifying event allows you to change an existing health insurance policy, or sign up for a new one, outside of open enrollment periods.  ( 19 min )

Medicare tax is a federal employment tax that funds a portion of the Medicare insurance program.  ( 22 min )

Today's best CD rate is 5.80%, available from either The Federal Savings Bank for a 1-year term or Credit Human for a take-your-pick term between 12 and 17 months.  ( 19 min )

You can get a personal loan while you are still in your repayment period for Chapter 13 bankruptcy, but it’s difficult. Learn how regulations vary between states,  ( 23 min )

You can use a personal loan to pay for a wedding or any wedding-related cost, before or after your wedding. Learn how personal loans work and what they can cover.  ( 22 min )

Personal loans are offered by a variety of lenders: banks, online lenders, and credit unions. A personal bank loan is simply a personal loan taken out with a bank.  ( 23 min )

There are many personal loan options available in Canada, including secured and unsecured loans that can be used for a variety of purposes. Learn how these loans works.  ( 22 min )

Personal loans are among the types of financial product veterans can get, although there are no personal loans specifically designed for disabled veterans.  ( 23 min )

Several factors can shrink your monthly Social Security benefits payment. Here are three of the most common.  ( 27 min )

When you turn 65, you have to decide whether or not to enroll in Medicare. This guide provides answers for people who are still employed.  ( 25 min )

It may look like an arcade game, but the “dot plot” and other charts released by the Federal Reserve hold clues to how much you’ll pay for a mortgage, and even how likely it is you’ll be laid off.  ( 20 min )

Speculators have amassed $600 billion in net short positions in U.S. Treasury futures, a leveraged trade that poses possible wider bond market risks if there's a government shutdown.  ( 19 min )

Sovereign defaults occur when a nation can't pay its debts and is technically bankrupt, and they're more common than you might think. Learn more about their impact.  ( 24 min )

The pandemic-era student loan forbearance is drawing to a close, but new debt relief programs promise to help more Americans save money and receive loan forgiveness faster. Find out what you need to know to get help repaying your federal direct loans.  ( 26 min )

If your job involves a lot of communications, math, or finance, it could be vulnerable to being disrupted by AI, if it hasn’t already.  ( 18 min )

Tesla and foreign automakers could gain from the Big Three’s losses amid the UAW strike, according to Wedbush analysts.  ( 17 min )

U.S. equities tumbled, with the S&P 500 falling 1.6% on Thursday, Sept. 21, 2023 amid concerns about rising interest rates following the Fed's comments Wednesday indicating that interest rates could stay higher for longer.  ( 16 min )

The national debt is the total that a country owes to its creditors. This includes debt held by the public and intragovernmental debt in the United States.  ( 29 min )

The collapse in demand for commercial office space spawned by the pandemic-related rise in "work from home" led real estate investor W.P. Carey to exit the business entirely.  ( 17 min )

Microsoft has announced that its AI-driven "Copilot" tool is set to ship to users in the next two weeks for $30 per month.  ( 18 min )

Kondratiev Wave is a long-term economic cycle, believed to result from technological innovation, that produces a long period of economic prosperity.  ( 20 min )

Buying an engagement ring is a major step in a relationship. If you don’t have money saved up, you may want to get a personal loan to buy an engagement ring.  ( 22 min )

When a government spends more than it brings in as tax revenue, it often must issue debt in the form of government bonds to raise more. Learn how national debt works.  ( 25 min )

The reasons for a delay in getting your tax refund can range from incorrect information on your tax forms to a debt offset or even identity theft.  ( 25 min )

Shares of Raymond James Financial declined after the financial firm reported a drop in client assets under management in August, which it blamed on falling stock prices.  ( 17 min )

A co-signer can help you secure a loan, but eventually, it will be time to strike out on your own. Learn how to release a student loan co-signer from their obligation to your loan.  ( 22 min )

Evolutionary economics proposes that economic processes evolve and are determined both by individuals and society as a whole.  ( 19 min )